LU-VE Balance Sheet Health
Financial Health criteria checks 4/6
LU-VE has a total shareholder equity of €244.8M and total debt of €347.1M, which brings its debt-to-equity ratio to 141.8%. Its total assets and total liabilities are €792.2M and €547.3M respectively. LU-VE's EBIT is €50.2M making its interest coverage ratio 13.1. It has cash and short-term investments of €249.1M.
Key information
141.8%
Debt to equity ratio
€347.09m
Debt
| Interest coverage ratio | 13.1x |
| Cash | €249.06m |
| Equity | €244.83m |
| Total liabilities | €547.34m |
| Total assets | €792.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RQV's short term assets (€481.7M) exceed its short term liabilities (€287.0M).
Long Term Liabilities: 0RQV's short term assets (€481.7M) exceed its long term liabilities (€260.3M).
Debt to Equity History and Analysis
Debt Level: 0RQV's net debt to equity ratio (40%) is considered high.
Reducing Debt: 0RQV's debt to equity ratio has increased from 136.7% to 141.8% over the past 5 years.
Debt Coverage: 0RQV's debt is well covered by operating cash flow (27.1%).
Interest Coverage: 0RQV's interest payments on its debt are well covered by EBIT (13.1x coverage).