Laurent-Perrier Balance Sheet Health
Financial Health criteria checks 6/6
Laurent-Perrier has a total shareholder equity of €548.2M and total debt of €279.5M, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are €996.0M and €447.8M respectively. Laurent-Perrier's EBIT is €85.3M making its interest coverage ratio 14.9. It has cash and short-term investments of €106.9M.
Key information
51.0%
Debt to equity ratio
€279.51m
Debt
Interest coverage ratio | 14.9x |
Cash | €106.91m |
Equity | €548.23m |
Total liabilities | €447.80m |
Total assets | €996.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPEP's short term assets (€745.3M) exceed its short term liabilities (€121.3M).
Long Term Liabilities: LPEP's short term assets (€745.3M) exceed its long term liabilities (€326.5M).
Debt to Equity History and Analysis
Debt Level: LPEP's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: LPEP's debt to equity ratio has reduced from 81.3% to 51% over the past 5 years.
Debt Coverage: LPEP's debt is well covered by operating cash flow (23.2%).
Interest Coverage: LPEP's interest payments on its debt are well covered by EBIT (14.9x coverage).