Loungers Balance Sheet Health
Financial Health criteria checks 3/6
Loungers has a total shareholder equity of £156.4M and total debt of £19.8M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are £409.8M and £253.4M respectively. Loungers's EBIT is £20.3M making its interest coverage ratio 2.3. It has cash and short-term investments of £10.3M.
Key information
12.7%
Debt to equity ratio
UK£19.81m
Debt
| Interest coverage ratio | 2.3x |
| Cash | UK£10.35m |
| Equity | UK£156.39m |
| Total liabilities | UK£253.44m |
| Total assets | UK£409.83m |
Recent financial health updates
Recent updates
Earnings Tell The Story For Loungers plc (LON:LGRS) As Its Stock Soars 26%
Nov 26
Returns At Loungers (LON:LGRS) Are On The Way Up
Jan 14Loungers' (LON:LGRS) Strong Earnings Are Of Good Quality
Sep 02Is Loungers plc (LON:LGRS) Trading At A 38% Discount?
May 10When Will Loungers plc (LON:LGRS) Turn A Profit?
Mar 22Will Loungers (LON:LGRS) Multiply In Value Going Forward?
Mar 01Does Loungers (LON:LGRS) Have A Healthy Balance Sheet?
Feb 08
A Look At The Intrinsic Value Of Loungers plc (LON:LGRS)
Jan 04Don't Ignore The Fact That This Insider Just Sold Some Shares In Loungers plc (LON:LGRS)
Dec 13Loungers (LON:LGRS) Shareholders Booked A 10% Gain In The Last Year
Nov 25Financial Position Analysis
Short Term Liabilities: LGRS's short term assets (£23.7M) do not cover its short term liabilities (£91.7M).
Long Term Liabilities: LGRS's short term assets (£23.7M) do not cover its long term liabilities (£161.8M).
Debt to Equity History and Analysis
Debt Level: LGRS's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: LGRS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: LGRS's debt is well covered by operating cash flow (326.3%).
Interest Coverage: LGRS's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 18:15 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/04/21 |
| Annual Earnings | 2024/04/21 |
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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Loungers plc is covered by 10 analysts. 6 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 |
|---|---|
| Jack Cummings | Berenberg |
| Michael Clifton | Cavendish |
| Nigel Parson | Cavendish |