London Finance & Investment Group Balance Sheet Health
Financial Health criteria checks 6/6
London Finance & Investment Group has a total shareholder equity of £22.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £23.6M and £1.3M respectively. London Finance & Investment Group's EBIT is £3.8M making its interest coverage ratio -638.3. It has cash and short-term investments of £23.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -638.3x |
| Cash | UK£23.54m |
| Equity | UK£22.34m |
| Total liabilities | UK£1.30m |
| Total assets | UK£23.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LNF's short term assets (£23.6M) exceed its short term liabilities (£730.0K).
Long Term Liabilities: LNF's short term assets (£23.6M) exceed its long term liabilities (£568.0K).
Debt to Equity History and Analysis
Debt Level: LNF is debt free.
Reducing Debt: LNF has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
Debt Coverage: LNF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LNF has no debt, therefore coverage of interest payments is not a concern.