Lifecore Biomedical Balance Sheet Health
Financial Health criteria checks 1/6
Lifecore Biomedical has a total shareholder equity of $35.1M and total debt of $166.5M, which brings its debt-to-equity ratio to 474.6%. Its total assets and total liabilities are $253.5M and $218.5M respectively.
Key information
474.6%
Debt to equity ratio
US$166.55m
Debt
| Interest coverage ratio | n/a |
| Cash | US$19.09m |
| Equity | US$35.09m |
| Total liabilities | US$218.46m |
| Total assets | US$253.55m |
Recent financial health updates
Recent updates
White Falcon Capital - Lifecore Biomedical: Potential For Rapid Growth In Earnings And FCF Surge
Apr 20Would Lifecore Biomedical (NASDAQ:LFCR) Be Better Off With Less Debt?
Jun 30
Landec Non-GAAP EPS of -$0.32, revenue of $43.35M
Oct 06Landec receives Nasdaq's notification on delayed annual report filing
Sep 09Laughing Water Capital - Landec Corp. : A High Quality CDMO
Jul 27Landec (NASDAQ:LNDC) Takes On Some Risk With Its Use Of Debt
Jun 24Analysts Have Been Trimming Their Landec Corporation (NASDAQ:LNDC) Price Target After Its Latest Report
Apr 08Landec (NASDAQ:LNDC) Has A Somewhat Strained Balance Sheet
Mar 21Here's What's Concerning About Landec's (NASDAQ:LNDC) Returns On Capital
Nov 30Optimistic About Landec's Strategic Initiatives And Sodium Hyaluronate Products
Nov 05Landec Still In Play As An Activist Investment
Aug 20Is Landec (NASDAQ:LNDC) Using Too Much Debt?
May 25Is Landec (NASDAQ:LNDC) Using Too Much Debt?
Feb 24The CEO, President & Director of Landec Corporation (NASDAQ:LNDC), Albert Bolles, Just Bought 38% More Shares
Jan 20
Financial Position Analysis
Short Term Liabilities: LFCR's short term assets ($93.9M) exceed its short term liabilities ($39.3M).
Long Term Liabilities: LFCR's short term assets ($93.9M) do not cover its long term liabilities ($179.2M).
Debt to Equity History and Analysis
Debt Level: LFCR's net debt to equity ratio (420.2%) is considered high.
Reducing Debt: LFCR's debt to equity ratio has increased from 27.5% to 474.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if LFCR has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LFCR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.