LU-VE Balance Sheet Health
Financial Health criteria checks 3/6
LU-VE has a total shareholder equity of €241.1M and total debt of €403.6M, which brings its debt-to-equity ratio to 167.4%. Its total assets and total liabilities are €829.4M and €588.4M respectively. LU-VE's EBIT is €47.0M making its interest coverage ratio 26.7. It has cash and short-term investments of €284.6M.
Key information
167.4%
Debt to equity ratio
€403.60m
Debt
Interest coverage ratio | 26.7x |
Cash | €284.65m |
Equity | €241.05m |
Total liabilities | €588.38m |
Total assets | €829.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V92's short term assets (€520.6M) exceed its short term liabilities (€271.2M).
Long Term Liabilities: V92's short term assets (€520.6M) exceed its long term liabilities (€317.2M).
Debt to Equity History and Analysis
Debt Level: V92's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: V92's debt to equity ratio has increased from 145.4% to 167.4% over the past 5 years.
Debt Coverage: V92's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: V92's interest payments on its debt are well covered by EBIT (26.7x coverage).