Light Balance Sheet Health
Financial Health criteria checks 2/6
Light has a total shareholder equity of R$3.1B and total debt of R$11.3B, which brings its debt-to-equity ratio to 366.3%. Its total assets and total liabilities are R$23.7B and R$20.6B respectively. Light's EBIT is R$1.8B making its interest coverage ratio 3.1. It has cash and short-term investments of R$2.1B.
Key information
366.3%
Debt to equity ratio
R$11.34b
Debt
Interest coverage ratio | 3.1x |
Cash | R$2.10b |
Equity | R$3.10b |
Total liabilities | R$20.62b |
Total assets | R$23.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LGSX.Y's short term assets (R$5.3B) do not cover its short term liabilities (R$15.5B).
Long Term Liabilities: LGSX.Y's short term assets (R$5.3B) exceed its long term liabilities (R$5.1B).
Debt to Equity History and Analysis
Debt Level: LGSX.Y's net debt to equity ratio (298.5%) is considered high.
Reducing Debt: LGSX.Y's debt to equity ratio has increased from 299.2% to 366.3% over the past 5 years.
Debt Coverage: LGSX.Y's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: LGSX.Y's interest payments on its debt are well covered by EBIT (3.1x coverage).