CoverageForm 410-K10-Q8-K13D13G13F

LHDX · Lucira Health, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Income Statement

Line itemFY 2021
Revenue$93.30M
Cost of Revenue$1.94M
Gross Profit($1.67M)
R&D$24.62M
SG&A$5.63M
Total Operating Expenses$30.25M
D&A$280.0K
Operating Income($31.93M)
Interest Expense$46.0K
Income Tax$17.0K
Net Income($37.35M)
EPS - Basic-
EPS - Diluted-

Balance Sheet

Line itemFY 2021
Cash & Equivalents$105.98M
Accounts Receivable$27.25M
Inventory$50.78M
Accounts Payable$19.37M
Current Assets$206.28M
Total Assets$240.35M
Current Liabilities$50.33M
Long-term Debt-
Total Liabilities$51.55M
Stockholders' Equity$188.80M
Retained Earnings($128.54M)

Cash Flow

Line itemFY 2021
Operating Cash Flow($32.52M)
Investing Cash Flow($18.81M)
Financing Cash Flow$107.79M
CapEx$18.81M
Free Cash Flow($51.34M)

Ratios

MetricFY 2021
Profitability
Gross margin-1.8%
Operating margin-34.2%
EBITDA margin-33.9%
Net margin-40.0%
Free cash flow margin-55.0%
FCF / Net income1.37
R&D / Revenue26.4%
SG&A / Revenue6.0%
Effective tax rate-
Return on assets-15.5%
Return on equity-19.8%
Return on invested capital-
Liquidity
Current ratio4.10
Quick ratio3.09
Cash ratio2.11
Leverage
Debt / Equity-
Debt / Assets-
Debt / EBITDA-
Interest coverage-694.0x
Equity multiplier1.27
Liabilities / Assets0.21
Efficiency
Asset turnover0.39
Inventory turnover0.04
Days sales outstanding107d
Days inventory outstanding9548d
Days payable outstanding3643d
Cash conversion cycle6012d
Valuation
P / E-
P / B-
P / S-
EV / EBITDA-
Growth
Revenue growth (YoY)-
Revenue CAGR (3y)-
Revenue CAGR (5y)-
Gross profit growth (YoY)-
Operating income growth (YoY)-
Net income growth (YoY)-
EPS growth (YoY)-
EPS CAGR (3y)-
EPS CAGR (5y)-
FCF growth (YoY)-
FCF CAGR (5y)-
Book value growth (YoY)-

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2021-12-31.

Geographic

$93.06M total
US$74.79M · 80.4%
CA$13.07M · 14.0%
All Other Countries$5.20M · 5.6%

Stability scores

Altman Z′

FY 2021 · bankruptcy risk

1.53
Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2021 · 9-point quality

1/9
Weak
  • Net income positive
  • Operating cash flow positive
  • -ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • -Current ratio improved
  • -No share dilution
  • -Gross margin improved
  • -Asset turnover improved

Peer comparison

Same SIC group: In Vitro & In Vivo Diagnostic Substances

CompanyRevenue (last FY)Net marginROE
VNRX$1.73M-1352.2%68.2%
QDEL$2.73B-41.5%-58.9%
MYGN$824.50M-44.4%-99.4%
LNTH$1.54B15.2%21.4%
IDXX$4.30B24.6%66.0%

Comparing Lucira Health against the 5 most active filers in the same SIC group.