LZG International Balance Sheet Health
Financial Health criteria checks 2/6
LZG International has a total shareholder equity of $16.9M and total debt of $13.4M, which brings its debt-to-equity ratio to 79.6%. Its total assets and total liabilities are $43.0M and $26.1M respectively.
Key information
79.6%
Debt to equity ratio
US$13.42m
Debt
Interest coverage ratio | n/a |
Cash | US$258.04k |
Equity | US$16.86m |
Total liabilities | US$26.12m |
Total assets | US$42.98m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LZGI's short term assets ($6.9M) do not cover its short term liabilities ($23.0M).
Long Term Liabilities: LZGI's short term assets ($6.9M) exceed its long term liabilities ($3.2M).
Debt to Equity History and Analysis
Debt Level: LZGI's net debt to equity ratio (78.1%) is considered high.
Reducing Debt: LZGI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 LZGI has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LZGI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.