L.D.C Balance Sheet Health
Financial Health criteria checks 6/6
L.D.C has a total shareholder equity of €2.0B and total debt of €438.5M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are €3.8B and €1.7B respectively. L.D.C's EBIT is €398.3M making its interest coverage ratio -103.8. It has cash and short-term investments of €869.1M.
Key information
21.7%
Debt to equity ratio
€438.48m
Debt
Interest coverage ratio | -103.8x |
Cash | €869.12m |
Equity | €2.02b |
Total liabilities | €1.74b |
Total assets | €3.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LC41's short term assets (€2.2B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: LC41's short term assets (€2.2B) exceed its long term liabilities (€261.3M).
Debt to Equity History and Analysis
Debt Level: LC41 has more cash than its total debt.
Reducing Debt: LC41's debt to equity ratio has reduced from 41.6% to 21.7% over the past 5 years.
Debt Coverage: LC41's debt is well covered by operating cash flow (118.2%).
Interest Coverage: LC41 earns more interest than it pays, so coverage of interest payments is not a concern.