LACROIX Group Balance Sheet Health
Financial Health criteria checks 2/6
LACROIX Group has a total shareholder equity of €171.0M and total debt of €152.4M, which brings its debt-to-equity ratio to 89.1%. Its total assets and total liabilities are €576.1M and €405.1M respectively. LACROIX Group's EBIT is €13.8M making its interest coverage ratio 1.5. It has cash and short-term investments of €31.9M.
Key information
89.1%
Debt to equity ratio
€152.36m
Debt
| Interest coverage ratio | 1.5x |
| Cash | €31.85m |
| Equity | €171.03m |
| Total liabilities | €405.08m |
| Total assets | €576.11m |
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 SA (EPA:LACR) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Oct 04LACROIX Group (EPA:LACR) Has Announced That Its Dividend Will Be Reduced To €0.70
Jun 16Shareholders May Be Wary Of Increasing LACROIX Group SA's (EPA:LACR) CEO Compensation Package
May 10LACROIX Group (EPA:LACR) Is Reducing Its Dividend To €0.70
May 06LACROIX 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 (€345.0M) exceed its short term liabilities (€277.9M).
Long Term Liabilities: LACR's short term assets (€345.0M) exceed its long term liabilities (€127.1M).
Debt to Equity History and Analysis
Debt Level: LACR's net debt to equity ratio (70.5%) is considered high.
Reducing Debt: LACR's debt to equity ratio has increased from 67.9% to 89.1% over the past 5 years.
Debt Coverage: LACR's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: LACR's interest payments on its debt are not well covered by EBIT (1.5x coverage).