Lumine Group Balance Sheet Health

Financial Health criteria checks 5/6

Lumine Group has a total shareholder equity of $659.6M and total debt of $288.7M, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are $1.3B and $618.6M respectively. Lumine Group's EBIT is $75.4M making its interest coverage ratio 4.3. It has cash and short-term investments of $180.4M.

Key information

43.8%

Debt to equity ratio

US$288.71m

Debt

Interest coverage ratio4.3x
CashUS$180.36m
EquityUS$659.60m
Total liabilitiesUS$618.64m
Total assetsUS$1.28b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: LMGI.F's short term assets ($413.9M) exceed its short term liabilities ($210.8M).

Long Term Liabilities: LMGI.F's short term assets ($413.9M) exceed its long term liabilities ($407.8M).


Debt to Equity History and Analysis

Debt Level: LMGI.F's net debt to equity ratio (16.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if LMGI.F's debt to equity ratio has reduced 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: Whilst unprofitable LMGI.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: LMGI.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.2% per year.


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