LeoVegas Balance Sheet Health
Financial Health criteria checks 4/6
LeoVegas has a total shareholder equity of €70.2M and total debt of €80.3M, which brings its debt-to-equity ratio to 114.3%. Its total assets and total liabilities are €278.7M and €208.5M respectively. LeoVegas's EBIT is €22.4M making its interest coverage ratio 5.9. It has cash and short-term investments of €62.7M.
Key information
114.3%
Debt to equity ratio
€80.29m
Debt
Interest coverage ratio | 5.9x |
Cash | €62.69m |
Equity | €70.23m |
Total liabilities | €208.50m |
Total assets | €278.74m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3LV's short term assets (€118.8M) do not cover its short term liabilities (€119.1M).
Long Term Liabilities: 3LV's short term assets (€118.8M) exceed its long term liabilities (€89.4M).
Debt to Equity History and Analysis
Debt Level: 3LV's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 3LV's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 3LV's debt is well covered by operating cash flow (49.6%).
Interest Coverage: 3LV's interest payments on its debt are well covered by EBIT (5.9x coverage).