Louis Balance Sheet Health
Financial Health criteria checks 2/6
Louis has a total shareholder equity of €-9.5M and total debt of €108.3M, which brings its debt-to-equity ratio to -1142.8%. Its total assets and total liabilities are €313.4M and €322.9M respectively. Louis's EBIT is €15.9M making its interest coverage ratio 0.8. It has cash and short-term investments of €12.9M.
Key information
-1,142.8%
Debt to equity ratio
€108.33m
Debt
Interest coverage ratio | 0.8x |
Cash | €12.93m |
Equity | -€9.48m |
Total liabilities | €322.91m |
Total assets | €313.44m |
Recent financial health updates
Recent updates
Revenues 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.
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 LUI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LUI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 12.4% per year.