Latch Balance Sheet Health
Financial Health criteria checks 3/6
Latch has a total shareholder equity of $169.1M and total debt of $22.0M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are $294.4M and $125.3M respectively.
Key information
13.0%
Debt to equity ratio
US$22.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$179.54m |
| Equity | US$169.14m |
| Total liabilities | US$125.30m |
| Total assets | US$294.43m |
Recent financial health updates
Recent updates
Latch, Inc. Is Worth More Dead Than Alive
Oct 05Latch to provide NYC apartment residents with WeWork membership subscriptions
Sep 13Latch receives non-compliance notification from Nasdaq for delay in filing quarterly report
Aug 15Making Buildings More Secure Is Leaving Latch Poorer
Jul 03A Hard Look At Latch Inc.
Apr 13Time To Worry? Analysts Are Downgrading Their Latch, Inc. (NASDAQ:LTCH) Outlook
Mar 01
Latch, Inc. (NASDAQ:LTCH) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Feb 27Latch: An Intelligent Speculation In Real Estate Tech
Jan 20Latch: Use This Key Piece Of Data Before You Buy
Oct 20Financial Position Analysis
Short Term Liabilities: LTCH's short term assets ($236.9M) exceed its short term liabilities ($94.3M).
Long Term Liabilities: LTCH's short term assets ($236.9M) exceed its long term liabilities ($31.0M).
Debt to Equity History and Analysis
Debt Level: LTCH has more cash than its total debt.
Reducing Debt: Insufficient data to determine if LTCH'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: Insufficient data to determine if LTCH has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LTCH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/29 15:05 |
| End of Day Share Price | 2025/04/29 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Latch, Inc. is covered by 11 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph Vruwink | Baird |
| Mark Schappel | Benchmark Company |
| Justin Ages | Berenberg |