Lindblad Expeditions Holdings, Inc.

DB:LI4 Stock Report

Market Cap: €681.2m

Lindblad Expeditions Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Lindblad Expeditions Holdings has a total shareholder equity of $-122.4M and total debt of $624.5M, which brings its debt-to-equity ratio to -510.3%. Its total assets and total liabilities are $889.8M and $1.0B respectively. Lindblad Expeditions Holdings's EBIT is $15.3M making its interest coverage ratio 0.3. It has cash and short-term investments of $193.9M.

Key information

-510.3%

Debt to equity ratio

US$624.50m

Debt

Interest coverage ratio0.3x
CashUS$193.88m
Equity-US$122.37m
Total liabilitiesUS$1.01b
Total assetsUS$889.82m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: LI4 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: LI4 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: LI4 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: LI4'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 LI4 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: LI4 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22% per year.


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