Lighthouse Properties Balance Sheet Health
Financial Health criteria checks 4/6
Lighthouse Properties has a total shareholder equity of €783.9M and total debt of €367.6M, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are €1.2B and €424.3M respectively. Lighthouse Properties's EBIT is €47.0M making its interest coverage ratio 3. It has cash and short-term investments of €106.1M.
Key information
46.9%
Debt to equity ratio
€367.64m
Debt
Interest coverage ratio | 3x |
Cash | €106.09m |
Equity | €783.93m |
Total liabilities | €424.35m |
Total assets | €1.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LTE's short term assets (€129.4M) exceed its short term liabilities (€121.3M).
Long Term Liabilities: LTE's short term assets (€129.4M) do not cover its long term liabilities (€303.1M).
Debt to Equity History and Analysis
Debt Level: LTE's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: LTE's debt to equity ratio has reduced from 51.5% to 46.9% over the past 5 years.
Debt Coverage: LTE's debt is not well covered by operating cash flow (10%).
Interest Coverage: LTE's interest payments on its debt are well covered by EBIT (3x coverage).