lastminute.com Balance Sheet Health
Financial Health criteria checks 4/6
lastminute.com has a total shareholder equity of €51.5M and total debt of €21.5M, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are €468.8M and €417.3M respectively. lastminute.com's EBIT is €12.8M making its interest coverage ratio 5.9. It has cash and short-term investments of €68.5M.
Key information
41.7%
Debt to equity ratio
€21.50m
Debt
| Interest coverage ratio | 5.9x |
| Cash | €68.50m |
| Equity | €51.50m |
| Total liabilities | €417.30m |
| Total assets | €468.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QT0's short term assets (€181.9M) do not cover its short term liabilities (€347.3M).
Long Term Liabilities: 0QT0's short term assets (€181.9M) exceed its long term liabilities (€70.0M).
Debt to Equity History and Analysis
Debt Level: 0QT0 has more cash than its total debt.
Reducing Debt: 0QT0's debt to equity ratio has increased from 26.7% to 41.7% over the past 5 years.
Debt Coverage: 0QT0's debt is well covered by operating cash flow (116.5%).
Interest Coverage: 0QT0's interest payments on its debt are well covered by EBIT (5.9x coverage).