Lifecore Biomedical Balance Sheet Health
Financial Health criteria checks 1/6
Lifecore Biomedical has a total shareholder equity of $39.5M and total debt of $127.9M, which brings its debt-to-equity ratio to 323.8%. Its total assets and total liabilities are $246.8M and $207.3M respectively.
Key information
323.8%
Debt to equity ratio
US$127.92m
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.52m |
| Equity | US$39.50m |
| Total liabilities | US$207.32m |
| Total assets | US$246.82m |
Recent financial health updates
Recent updates
Lifecore Biomedical: Finally A 'Pure Play' CDMO Business
Nov 12Lifecore Biomedical: No Sale Soon Amidst Leverage And Uncertainty
Jun 24White 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 05Financial Position Analysis
Short Term Liabilities: LFCR's short term assets ($74.2M) exceed its short term liabilities ($40.5M).
Long Term Liabilities: LFCR's short term assets ($74.2M) do not cover its long term liabilities ($166.8M).
Debt to Equity History and Analysis
Debt Level: LFCR's net debt to equity ratio (309.9%) is considered high.
Reducing Debt: LFCR's debt to equity ratio has increased from 62.7% to 323.8% over the past 5 years.
Debt Coverage: LFCR's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: Insufficient data to determine if LFCR's interest payments on its debt are well covered by EBIT.