LU-VE Balance Sheet Health
Financial Health criteria checks 2/6
LU-VE has a total shareholder equity of €215.8M and total debt of €430.8M, which brings its debt-to-equity ratio to 199.6%. Its total assets and total liabilities are €845.6M and €629.8M respectively. LU-VE's EBIT is €42.0M making its interest coverage ratio 2.8. It has cash and short-term investments of €291.2M.
Key information
199.6%
Debt to equity ratio
€430.80m
Debt
| Interest coverage ratio | 2.8x |
| Cash | €291.16m |
| Equity | €215.83m |
| Total liabilities | €629.79m |
| Total assets | €845.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LUVEM's short term assets (€545.8M) exceed its short term liabilities (€272.9M).
Long Term Liabilities: LUVEM's short term assets (€545.8M) exceed its long term liabilities (€356.9M).
Debt to Equity History and Analysis
Debt Level: LUVEM's net debt to equity ratio (64.7%) is considered high.
Reducing Debt: LUVEM's debt to equity ratio has increased from 114.8% to 199.6% over the past 5 years.
Debt Coverage: LUVEM's debt is not well covered by operating cash flow (14%).
Interest Coverage: LUVEM's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/30 19:23 |
| End of Day Share Price | 2023/05/02 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
LU-VE S.p.A. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michele Baldelli | BNP Paribas Exane |
| Giuseppe Grimaldi | BNP Paribas Exane |
| Andrea Randone | Intermonte SIM S.p.A. |