LivaNova Balance Sheet Health
Financial Health criteria checks 5/6
LivaNova has a total shareholder equity of $1.3B and total debt of $626.2M, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are $2.5B and $1.2B respectively. LivaNova's EBIT is $168.5M making its interest coverage ratio 5. It has cash and short-term investments of $346.4M.
Key information
47.8%
Debt to equity ratio
US$626.24m
Debt
| Interest coverage ratio | 5x |
| Cash | US$346.37m |
| Equity | US$1.31b |
| Total liabilities | US$1.21b |
| Total assets | US$2.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L2IV34's short term assets ($1.1B) exceed its short term liabilities ($324.4M).
Long Term Liabilities: L2IV34's short term assets ($1.1B) exceed its long term liabilities ($887.5M).
Debt to Equity History and Analysis
Debt Level: L2IV34's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: L2IV34's debt to equity ratio has increased from 22.9% to 47.8% over the past 5 years.
Debt Coverage: L2IV34's debt is well covered by operating cash flow (25.3%).
Interest Coverage: L2IV34's interest payments on its debt are well covered by EBIT (5x coverage).