LGL Group Balance Sheet Health
Financial Health criteria checks 6/6
LGL Group has a total shareholder equity of $40.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $41.9M and $1.2M respectively. LGL Group's EBIT is $646.0K making its interest coverage ratio -3.3. It has cash and short-term investments of $40.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -3.3x |
| Cash | US$40.73m |
| Equity | US$40.68m |
| Total liabilities | US$1.17m |
| Total assets | US$41.85m |
Recent financial health updates
No updates
Recent updates
A Look At The Fair Value Of The LGL Group, Inc. (NYSEMKT:LGL)
Mar 26
Shareholders Are Thrilled That The LGL Group (NYSEMKT:LGL) Share Price Increased 186%
Feb 08
Is The LGL Group, Inc.'s (NYSEMKT:LGL) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Dec 28We're Not So Sure You Should Rely on LGL Group's (NYSEMKT:LGL) Statutory Earnings
Nov 29Financial Position Analysis
Short Term Liabilities: LGL's short term assets ($41.6M) exceed its short term liabilities ($474.0K).
Long Term Liabilities: LGL's short term assets ($41.6M) exceed its long term liabilities ($694.0K).
Debt to Equity History and Analysis
Debt Level: LGL is debt free.
Reducing Debt: LGL had no debt 5 years ago.
Debt Coverage: LGL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LGL has no debt, therefore coverage of interest payments is not a concern.