Lifestyle Communities Balance Sheet Health
Financial Health criteria checks 2/6
Lifestyle Communities has a total shareholder equity of A$537.2M and total debt of A$492.0M, which brings its debt-to-equity ratio to 91.6%. Its total assets and total liabilities are A$1.4B and A$903.5M respectively. Lifestyle Communities's EBIT is A$29.6M making its interest coverage ratio 8.6. It has cash and short-term investments of A$1.8M.
Key information
91.6%
Debt to equity ratio
AU$492.00m
Debt
| Interest coverage ratio | 8.6x |
| Cash | AU$1.84m |
| Equity | AU$537.25m |
| Total liabilities | AU$903.45m |
| Total assets | AU$1.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LCOM.F's short term assets (A$182.1M) exceed its short term liabilities (A$153.8M).
Long Term Liabilities: LCOM.F's short term assets (A$182.1M) do not cover its long term liabilities (A$749.6M).
Debt to Equity History and Analysis
Debt Level: LCOM.F's net debt to equity ratio (91.2%) is considered high.
Reducing Debt: LCOM.F's debt to equity ratio has increased from 31.3% to 91.6% over the past 5 years.
Debt Coverage: LCOM.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LCOM.F's interest payments on its debt are well covered by EBIT (8.6x coverage).