Light Balance Sheet Health
Financial Health criteria checks 2/6
Light has a total shareholder equity of R$2.8B and total debt of R$12.3B, which brings its debt-to-equity ratio to 430.4%. Its total assets and total liabilities are R$23.8B and R$21.0B respectively. Light's EBIT is R$1.6B making its interest coverage ratio 2.8. It has cash and short-term investments of R$2.4B.
Key information
430.4%
Debt to equity ratio
R$12.26b
Debt
| Interest coverage ratio | 2.8x |
| Cash | R$2.40b |
| Equity | R$2.85b |
| Total liabilities | R$20.99b |
| Total assets | R$23.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LGSX.Y's short term assets (R$5.6B) do not cover its short term liabilities (R$15.0B).
Long Term Liabilities: LGSX.Y's short term assets (R$5.6B) do not cover its long term liabilities (R$6.0B).
Debt to Equity History and Analysis
Debt Level: LGSX.Y's net debt to equity ratio (346.2%) is considered high.
Reducing Debt: LGSX.Y's debt to equity ratio has increased from 134.3% to 430.4% 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: Whilst unprofitable LGSX.Y has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LGSX.Y is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.1% per year.