Lotus Bakeries Balance Sheet Health
Financial Health criteria checks 6/6
Lotus Bakeries has a total shareholder equity of €694.5M and total debt of €263.5M, which brings its debt-to-equity ratio to 37.9%. Its total assets and total liabilities are €1.3B and €594.1M respectively. Lotus Bakeries's EBIT is €192.0M making its interest coverage ratio 194.3. It has cash and short-term investments of €95.7M.
Key information
37.9%
Debt to equity ratio
€263.50m
Debt
| Interest coverage ratio | 194.3x |
| Cash | €95.66m |
| Equity | €694.46m |
| Total liabilities | €594.10m |
| Total assets | €1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0F4O's short term assets (€374.2M) exceed its short term liabilities (€241.9M).
Long Term Liabilities: 0F4O's short term assets (€374.2M) exceed its long term liabilities (€352.2M).
Debt to Equity History and Analysis
Debt Level: 0F4O's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: 0F4O's debt to equity ratio has reduced from 63.4% to 37.9% over the past 5 years.
Debt Coverage: 0F4O's debt is well covered by operating cash flow (65.4%).
Interest Coverage: 0F4O's interest payments on its debt are well covered by EBIT (194.3x coverage).