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
LACROIX Group (EPA:LACR) Has A Somewhat Strained Balance Sheet
Sep 30
Here's Why LACROIX Group (EPA:LACR) Has A Meaningful Debt Burden
May 17Here's Why LACROIX Group (EPA:LACR) Has A Meaningful Debt Burden
May 31Recent updates
LACROIX Group (EPA:LACR) Has Announced That Its Dividend Will Be Reduced To €0.70
Apr 15Some May Be Optimistic About LACROIX Group's (EPA:LACR) Earnings
Apr 09LACROIX Group SA Just Missed Earnings - But Analysts Have Updated Their Models
Apr 05LACROIX Group (EPA:LACR) Has A Somewhat Strained Balance Sheet
Sep 30LACROIX Group's (EPA:LACR) Dividend Is Being Reduced To €0.80
May 11LACROIX Group (EPA:LACR) Is Paying Out Less In Dividends Than Last Year
Apr 08Are Investors Undervaluing LACROIX Group SA (EPA:LACR) By 49%?
Nov 11Here's Why LACROIX Group (EPA:LACR) Has A Meaningful Debt Burden
May 17Is It Time To Consider Buying LACROIX Group SA (EPA:LACR)?
Dec 23Should You Think About Buying LACROIX Group SA (EPA:LACR) Now?
Jul 28Returns Are Gaining Momentum At LACROIX Group (EPA:LACR)
Jun 14Here's Why LACROIX Group (EPA:LACR) Has A Meaningful Debt Burden
May 31Shareholders Are Loving LACROIX Group SA's (EPA:LACR) 1.5% Yield
May 05Calculating The Intrinsic Value Of LACROIX Group SA (EPA:LACR)
Apr 12Should You Investigate LACROIX Group SA (EPA:LACR) At €35.20?
Mar 29Should We Be Excited About The Trends Of Returns At LACROIX Group (EPA:LACR)?
Mar 11Could The LACROIX Group SA (EPA:LACR) Ownership Structure Tell Us Something Useful?
Feb 12
Is Lacroix SA (EPA:LACR) A Smart Pick For Income Investors?
Jan 17Is Lacroix SA's(EPA:LACR) Recent Stock Performance Tethered To Its Strong Fundamentals?
Dec 21Does Lacroix's (EPA:LACR) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 07The Returns At Lacroix (EPA:LACR) Provide Us With Signs Of What's To Come
Nov 24Financial Position Analysis
Short Term Liabilities: LACR's short term assets (€374.8M) exceed its short term liabilities (€276.5M).
Long Term Liabilities: LACR's short term assets (€374.8M) exceed its long term liabilities (€140.5M).
Debt to Equity History and Analysis
Debt Level: LACR's net debt to equity ratio (60.3%) is considered high.
Reducing Debt: LACR's debt to equity ratio has increased from 69.1% to 82.7% over the past 5 years.
Debt Coverage: LACR's debt is well covered by operating cash flow (23.1%).
Interest Coverage: LACR's interest payments on its debt are not well covered by EBIT (2.1x coverage).