Lectra Balance Sheet Health
Financial Health criteria checks 4/6
Lectra has a total shareholder equity of €341.6M and total debt of €119.3M, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are €948.0M and €606.4M respectively. Lectra's EBIT is €48.3M making its interest coverage ratio 13.2. It has cash and short-term investments of €100.5M.
Key information
34.9%
Debt to equity ratio
€119.27m
Debt
Interest coverage ratio | 13.2x |
Cash | €100.48m |
Equity | €341.60m |
Total liabilities | €606.44m |
Total assets | €948.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LET's short term assets (€311.2M) exceed its short term liabilities (€289.8M).
Long Term Liabilities: LET's short term assets (€311.2M) do not cover its long term liabilities (€316.7M).
Debt to Equity History and Analysis
Debt Level: LET's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: LET's debt to equity ratio has increased from 0% to 34.9% over the past 5 years.
Debt Coverage: LET's debt is well covered by operating cash flow (60%).
Interest Coverage: LET's interest payments on its debt are well covered by EBIT (13.2x coverage).