Louis Balance Sheet Health
Financial Health criteria checks 1/6
Louis has a total shareholder equity of €-22.9M and total debt of €108.7M, which brings its debt-to-equity ratio to -474.1%. Its total assets and total liabilities are €367.9M and €390.8M respectively. Louis's EBIT is €18.2M making its interest coverage ratio 0.9. It has cash and short-term investments of €23.5M.
Key information
-474.1%
Debt to equity ratio
€108.75m
Debt
| Interest coverage ratio | 0.9x |
| Cash | €23.49m |
| Equity | -€22.94m |
| Total liabilities | €390.83m |
| Total assets | €367.89m |
Recent financial health updates
Recent updates
Louis' (CSE:LUI) Strong Earnings Are Of Good Quality
Oct 03
Louis (CSE:LUI) Will Be Hoping To Turn Its Returns On Capital Around
May 13Revenues Not Telling The Story For Louis plc (CSE:LUI)
Mar 21Louis (CSE:LUI) May Have Issues Allocating Its Capital
Jan 09Benign Growth For Louis plc (CSE:LUI) Underpins Its Share Price
Sep 11Louis (CSE:LUI) Has Some Way To Go To Become A Multi-Bagger
May 01The Louis (CSE:LUI) Share Price Has Gained 165%, So Why Not Pay It Some Attention?
Jan 07Louis (CSE:LUI) Seems To Be Using A Lot Of Debt
Dec 03Financial Position Analysis
Short Term Liabilities: LUI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LUI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: LUI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LUI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LUI's debt is well covered by operating cash flow (35.9%).
Interest Coverage: LUI's interest payments on its debt are not well covered by EBIT (0.9x coverage).