Lakeside Holding Balance Sheet Health
Financial Health criteria checks 1/6
Lakeside Holding has a total shareholder equity of $637.8K and total debt of $753.4K, which brings its debt-to-equity ratio to 118.1%. Its total assets and total liabilities are $6.4M and $5.8M respectively. Lakeside Holding's EBIT is $200.5K making its interest coverage ratio 1.8. It has cash and short-term investments of $192.1K.
Key information
118.1%
Debt to equity ratio
US$753.35k
Debt
Interest coverage ratio | 1.8x |
Cash | US$192.12k |
Equity | US$637.78k |
Total liabilities | US$5.80m |
Total assets | US$6.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LSH's short term assets ($3.1M) do not cover its short term liabilities ($4.6M).
Long Term Liabilities: LSH's short term assets ($3.1M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: LSH's net debt to equity ratio (88%) is considered high.
Reducing Debt: Insufficient data to determine if LSH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LSH's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: LSH's interest payments on its debt are not well covered by EBIT (1.8x coverage).