Lovisa Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Lovisa Holdings has a total shareholder equity of A$80.3M and total debt of A$54.0M, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are A$532.8M and A$452.5M respectively. Lovisa Holdings's EBIT is A$130.6M making its interest coverage ratio 7.4. It has cash and short-term investments of A$34.9M.
Key information
67.3%
Debt to equity ratio
AU$54.00m
Debt
| Interest coverage ratio | 7.4x |
| Cash | AU$34.94m |
| Equity | AU$80.29m |
| Total liabilities | AU$452.51m |
| Total assets | AU$532.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOV's short term assets (A$130.1M) do not cover its short term liabilities (A$139.8M).
Long Term Liabilities: LOV's short term assets (A$130.1M) do not cover its long term liabilities (A$312.7M).
Debt to Equity History and Analysis
Debt Level: LOV's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: LOV's debt to equity ratio has increased from 14.9% to 67.3% over the past 5 years.
Debt Coverage: LOV's debt is well covered by operating cash flow (347.2%).
Interest Coverage: LOV's interest payments on its debt are well covered by EBIT (7.4x coverage).