L.D.C Balance Sheet Health
Financial Health criteria checks 6/6
L.D.C has a total shareholder equity of €2.1B and total debt of €388.0M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are €3.9B and €1.8B respectively. L.D.C's EBIT is €368.6M making its interest coverage ratio -55.6. It has cash and short-term investments of €903.6M.
Key information
18.2%
Debt to equity ratio
€387.96m
Debt
| Interest coverage ratio | -55.6x |
| Cash | €903.56m |
| Equity | €2.13b |
| Total liabilities | €1.77b |
| Total assets | €3.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RJ6's short term assets (€2.3B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: 0RJ6's short term assets (€2.3B) exceed its long term liabilities (€238.6M).
Debt to Equity History and Analysis
Debt Level: 0RJ6 has more cash than its total debt.
Reducing Debt: 0RJ6's debt to equity ratio has reduced from 37.5% to 18.2% over the past 5 years.
Debt Coverage: 0RJ6's debt is well covered by operating cash flow (126.5%).
Interest Coverage: 0RJ6 earns more interest than it pays, so coverage of interest payments is not a concern.