LivaNova Balance Sheet Health
Financial Health criteria checks 5/6
LivaNova has a total shareholder equity of $1.2B and total debt of $624.5M, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are $2.5B and $1.2B respectively. LivaNova's EBIT is $100.6M making its interest coverage ratio 2.9. It has cash and short-term investments of $309.2M.
Key information
51.1%
Debt to equity ratio
US$624.46m
Debt
Interest coverage ratio | 2.9x |
Cash | US$309.19m |
Equity | US$1.22b |
Total liabilities | US$1.24b |
Total assets | US$2.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L2IV34's short term assets ($1.0B) exceed its short term liabilities ($327.8M).
Long Term Liabilities: L2IV34's short term assets ($1.0B) exceed its long term liabilities ($910.3M).
Debt to Equity History and Analysis
Debt Level: L2IV34's net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: L2IV34's debt to equity ratio has increased from 12.2% to 51.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable L2IV34 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: L2IV34 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.1% per year.