Lalique Group Balance Sheet Health
Financial Health criteria checks 4/6
Lalique Group has a total shareholder equity of €216.4M and total debt of €42.7M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are €414.1M and €197.8M respectively. Lalique Group's EBIT is €5.3M making its interest coverage ratio 2.4. It has cash and short-term investments of €27.7M.
Key information
19.8%
Debt to equity ratio
€42.74m
Debt
Interest coverage ratio | 2.4x |
Cash | €27.71m |
Equity | €216.38m |
Total liabilities | €197.77m |
Total assets | €414.15m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LLQZ's short term assets (€176.0M) exceed its short term liabilities (€100.4M).
Long Term Liabilities: LLQZ's short term assets (€176.0M) exceed its long term liabilities (€97.4M).
Debt to Equity History and Analysis
Debt Level: LLQZ's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: LLQZ's debt to equity ratio has reduced from 32.3% to 19.8% over the past 5 years.
Debt Coverage: LLQZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LLQZ's interest payments on its debt are not well covered by EBIT (2.4x coverage).