LightPath Technologies Balance Sheet Health
Financial Health criteria checks 4/6
LightPath Technologies has a total shareholder equity of $33.7M and total debt of $2.5M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are $54.1M and $20.4M respectively.
Key information
7.3%
Debt to equity ratio
US$2.47m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.54m |
| Equity | US$33.70m |
| Total liabilities | US$20.36m |
| Total assets | US$54.06m |
Recent financial health updates
Is LightPath Technologies (NASDAQ:LPTH) Using Debt Sensibly?
Sep 01
LightPath Technologies (NASDAQ:LPTH) Has Debt But No Earnings; Should You Worry?
May 19Does LightPath Technologies (NASDAQ:LPTH) Have A Healthy Balance Sheet?
Jun 30LightPath Technologies (NASDAQ:LPTH) Has A Pretty Healthy Balance Sheet
Mar 29Here's Why LightPath Technologies (NASDAQ:LPTH) Can Manage Its Debt Responsibly
Nov 24
Recent updates
Market Participants Recognise LightPath Technologies, Inc.'s (NASDAQ:LPTH) Revenues Pushing Shares 28% Higher
Feb 08Shareholders May Be Wary Of Increasing LightPath Technologies, Inc.'s (NASDAQ:LPTH) CEO Compensation Package
Nov 10Is LightPath Technologies (NASDAQ:LPTH) Using Debt Sensibly?
Sep 01Market Still Lacking Some Conviction On LightPath Technologies, Inc. (NASDAQ:LPTH)
Jul 06LightPath Technologies (NASDAQ:LPTH) Has Debt But No Earnings; Should You Worry?
May 19We Think The Compensation For LightPath Technologies, Inc.'s (NASDAQ:LPTH) CEO Looks About Right
Nov 11LightPath Technologies provides estimated impact of Hurricane Ian on Q1 revenue
Oct 06One LightPath Technologies, Inc. (NASDAQ:LPTH) Analyst Just Cut Their EPS Forecasts
Sep 21LightPath Technologies FQ4 2022 Earnings Preview
Sep 13LightPath technologies announces record backlog in August of $24M
Aug 22LightPath Technologies and QuantLR join forces to develop free-space quantum encryption system
Jul 06Does LightPath Technologies (NASDAQ:LPTH) Have A Healthy Balance Sheet?
Jun 30Does This Valuation Of LightPath Technologies, Inc. (NASDAQ:LPTH) Imply Investors Are Overpaying?
Aug 18Is Now The Time To Look At Buying LightPath Technologies, Inc. (NASDAQ:LPTH)?
May 03LightPath Technologies (NASDAQ:LPTH) Has A Pretty Healthy Balance Sheet
Mar 29LightPath Technologies, Inc.'s (NASDAQ:LPTH) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Mar 01Can You Imagine How Jubilant LightPath Technologies' (NASDAQ:LPTH) Shareholders Feel About Its 226% Share Price Gain?
Feb 08Could The LightPath Technologies, Inc. (NASDAQ:LPTH) Ownership Structure Tell Us Something Useful?
Jan 20Is It Too Late To Consider Buying LightPath Technologies, Inc. (NASDAQ:LPTH)?
Jan 02Is LightPath Technologies, Inc. (NASDAQ:LPTH) Trading At A 48% Discount?
Dec 15Here's Why LightPath Technologies (NASDAQ:LPTH) Can Manage Its Debt Responsibly
Nov 24LightPath Technologies beats on revenue
Nov 05Financial Position Analysis
Short Term Liabilities: LPTH's short term assets ($18.8M) exceed its short term liabilities ($9.7M).
Long Term Liabilities: LPTH's short term assets ($18.8M) exceed its long term liabilities ($10.6M).
Debt to Equity History and Analysis
Debt Level: LPTH has more cash than its total debt.
Reducing Debt: LPTH's debt to equity ratio has reduced from 16.6% to 7.3% 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: LPTH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LPTH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.4% each year