Management has maintained a conservative capital structure, evidenced by a low debt-to-equity ratio of 0.05 as of 2026Q1, which provides a buffer against immediate interest rate sensitivity.
| Total Current Assets | 5.45M | 7.15M | 3.32M | 677.31K | 295.64K |
| Cash & Short-Term Investments | - | - | - | - | - |
| Cash Only | 3.47M | 7.02M | 1.67M | 651.91K | 188.96K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | - | - | - | - | - |
| Days Sales Outstanding | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - |
| Other Current Assets | 1.95M | 18.27K | 1.63M | -25.01K | 0 |
| Total Non-Current Assets | 2.78M | 2.87M | 105.86K | 162.63K | 210 |
| Property, Plant & Equipment | 1.54M | 1.6M | 29.41K | 158.4K | 210 |
| Fixed Asset Turnover | 15.91x | 13.11x | 258.94x | 8.65x | 2976.93x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 536.6K | 564.75K | 1.45K | 0 | 0 |
| Long-Term Investments | 0 | - | - | - | - |
| Other Non-Current Assets | - | - | - | - | - |
| Total Assets | 8.22M | 10.02M | 3.43M | 839.95K | 295.85K |
| Asset Turnover | 2.66x | 2.10x | 2.22x | 1.63x | 2.11x |
| Asset Growth % | 580.63% | 192.03% | 308.3% | 183.91% | - |
| Total Current Liabilities | 457.02K | 2.08M | 944.45K | 75.03K | 37.44K |
| Accounts Payable | 4.3K | 93.73K | 21.3K | 16.7K | 33.06K |
| Days Payables Outstanding | 0.88 | 1.69 | 1.27 | 5.45 | 34.48 |
| Short-Term Debt | - | - | - | - | - |
| Deferred Revenue (Current) | 0 | - | - | - | - |
| Other Current Liabilities | 332.27K | 1.87M | 503.94K | 0 | 0 |
| Current Ratio | 11.92x | 3.43x | 3.52x | 9.03x | 7.90x |
| Quick Ratio | 11.92x | 3.43x | 3.52x | 9.03x | 7.90x |
| Cash Conversion Cycle | - | - | - | - | - |
| Total Non-Current Liabilities | 262.12K | 293.04K | 35.38K | 73.46K | 0 |
| Long-Term Debt | 237.61K | 266.28K | 0 | 43.48K | 0 |
| Capital Lease Obligations | 0 | - | - | - | - |
| Deferred Tax Liabilities | 0 | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 719.14K | 2.38M | 979.83K | 148.5K | 37.44K |
| Total Debt | 358.06K | 384.62K | 38.08K | 122.3K | 0 |
| Net Debt | -3.11M | -6.63M | -1.63M | -529.61K | -188.96K |
| Debt / Equity | 0.05x | 0.05x | 0.02x | 0.18x | - |
| Debt / EBITDA | -2.08x | 3.12x | 0.03x | 0.74x | - |
| Net Debt / EBITDA | 18.08x | -53.75x | -1.47x | -3.21x | -0.72x |
| Interest Coverage | - | 26.80x | 350.15x | 159.34x | - |
| Total Equity | 7.5M | 7.64M | 2.45M | 691.45K | 258.41K |
| Equity Growth % | 708.96% | 211.85% | 254.28% | 167.58% | - |
| Book Value per Share | 0.46 | 0.50 | 0.17 | 0.04 | 0.02 |
| Total Shareholders' Equity | 7.5M | 7.64M | 2.45M | 691.45K | 258.41K |
| Common Stock | 16.23K | 16.23K | 14.51K | 13.5K | 13.5K |
| Retained Earnings | 1.1M | 1.23M | 1.16M | 380.25K | 250.22K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
Inventory turnover and liquidity
As reported in financial statements, LHAI has expanded its total assets from $1.9 million in 2024Q1 to $8.2 million by 2026Q1, a trend that suggests an aggressive scaling of the property inventory model despite the inherent risks associated with such rapid capital deployment in real estate.
The significant growth in the asset base appears to be driven by the accumulation of property inventory required for the company's iBuying operations. Investors should monitor whether this trajectory reflects sustainable market share gains or merely an increase in capital-at-risk that could become problematic during a housing market downturn.
Based on the company's reported figures, LHAI maintains a remarkably low debt-to-equity ratio of 0.05 as of 2026Q1, which suggests that management has prioritized equity financing over debt to fund its expansion, thereby insulating the balance sheet from immediate interest rate sensitivity and refinancing risks.
While the low leverage profile is a positive indicator of financial discipline, it may also imply that the company is not fully utilizing its balance sheet to accelerate growth. The reliance on equity suggests that the firm is currently avoiding the debt-heavy capital structures common among its larger, more established PropTech peers.
According to recent SEC filings, LHAI's current ratio of 11.92 in 2026Q1 indicates a substantial liquidity buffer, which appears to provide the company with significant flexibility to manage short-term operational fluctuations and potential inventory stagnation within its property-flipping business model.
This high liquidity position is likely a strategic necessity given the unpredictable nature of renovation timelines and property sales. However, analysts should investigate whether this cash-heavy position is a temporary result of recent capital raises or a permanent feature intended to mitigate the risks of a high-volume, low-margin business.
As indicated by the balance sheet data, the company's asset composition is heavily weighted toward property-related holdings, with net PPE increasing to $1.5 million by 2026Q1, reflecting the capital-intensive nature of the integrated renovation and brokerage model that defines the firm's operational footprint.
The shift toward higher PPE and inventory levels suggests that the company is increasingly reliant on physical assets to drive revenue. This transition warrants further investigation into the quality of these assets and the potential for impairment if renovation costs exceed the projected resale value of the properties.
Based on the reported figures, the emergence of $536.6K in goodwill as of 2026Q1 suggests that recent growth may be partially driven by acquisitions, which introduces the risk of future impairment charges if the acquired entities fail to meet performance expectations within the broader platform.
While the current goodwill balance remains a small fraction of total assets, its rapid appearance in recent quarters warrants close monitoring. Investors should consider whether these intangible assets represent genuine strategic value or if they are merely accounting artifacts of an aggressive inorganic growth strategy.
Quick answers to the most common questions about buying LHAI stock.
As of 2025, Linkhome Holdings Inc. (LHAI) had total assets of $10.0M including $7.1M in current assets.
Linkhome Holdings Inc. (LHAI) carries total debt of $0.4M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Linkhome Holdings Inc. (LHAI) has total shareholders' equity (book value) of $7.6M ($0.50 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Linkhome Holdings Inc. (LHAI) reported a current ratio of 3.43x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.