LACROIX Group Balance Sheet Health
Financial Health criteria checks 3/6
LACROIX Group has a total shareholder equity of €190.1M and total debt of €157.1M, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are €607.1M and €417.0M respectively. LACROIX Group's EBIT is €17.9M making its interest coverage ratio 2.1. It has cash and short-term investments of €42.5M.
Key information
82.7%
Debt to equity ratio
€157.09m
Debt
Interest coverage ratio | 2.1x |
Cash | €42.52m |
Equity | €190.06m |
Total liabilities | €417.04m |
Total assets | €607.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 51M's short term assets (€374.8M) exceed its short term liabilities (€276.5M).
Long Term Liabilities: 51M's short term assets (€374.8M) exceed its long term liabilities (€140.5M).
Debt to Equity History and Analysis
Debt Level: 51M's net debt to equity ratio (60.3%) is considered high.
Reducing Debt: 51M's debt to equity ratio has increased from 69.1% to 82.7% over the past 5 years.
Debt Coverage: 51M's debt is well covered by operating cash flow (23.1%).
Interest Coverage: 51M's interest payments on its debt are not well covered by EBIT (2.1x coverage).