Luxe Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Luxe Holdings has a total shareholder equity of ZAR124.5M and total debt of ZAR53.7M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are ZAR415.1M and ZAR290.6M respectively.
Key information
43.1%
Debt to equity ratio
R53.70m
Debt
Interest coverage ratio | n/a |
Cash | R14.27m |
Equity | R124.52m |
Total liabilities | R290.55m |
Total assets | R415.07m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LUX's short term assets (ZAR249.8M) exceed its short term liabilities (ZAR152.4M).
Long Term Liabilities: LUX's short term assets (ZAR249.8M) exceed its long term liabilities (ZAR138.1M).
Debt to Equity History and Analysis
Debt Level: LUX's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: LUX's debt to equity ratio has reduced from 48.8% to 43.1% 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: Insufficient data to determine if LUX has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LUX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.