LAMDA Development Balance Sheet Health
Financial Health criteria checks 2/6
LAMDA Development has a total shareholder equity of €1.2B and total debt of €1.4B, which brings its debt-to-equity ratio to 113.9%. Its total assets and total liabilities are €4.3B and €3.1B respectively. LAMDA Development's EBIT is €140.4M making its interest coverage ratio 2.3. It has cash and short-term investments of €602.7M.
Key information
113.9%
Debt to equity ratio
€1.35b
Debt
| Interest coverage ratio | 2.3x |
| Cash | €602.72m |
| Equity | €1.19b |
| Total liabilities | €3.12b |
| Total assets | €4.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LDQ's short term assets (€985.4M) exceed its short term liabilities (€781.0M).
Long Term Liabilities: LDQ's short term assets (€985.4M) do not cover its long term liabilities (€2.3B).
Debt to Equity History and Analysis
Debt Level: LDQ's net debt to equity ratio (63.2%) is considered high.
Reducing Debt: LDQ's debt to equity ratio has increased from 93.1% to 113.9% over the past 5 years.
Debt Coverage: LDQ's debt is well covered by operating cash flow (21.3%).
Interest Coverage: LDQ's interest payments on its debt are not well covered by EBIT (2.3x coverage).