Lagardere Balance Sheet Health
Financial Health criteria checks 2/6
Lagardere has a total shareholder equity of €1.0B and total debt of €2.6B, which brings its debt-to-equity ratio to 248.9%. Its total assets and total liabilities are €9.0B and €8.0B respectively. Lagardere's EBIT is €414.0M making its interest coverage ratio 3.1. It has cash and short-term investments of €851.0M.
Key information
248.9%
Debt to equity ratio
€2.56b
Debt
| Interest coverage ratio | 3.1x |
| Cash | €851.00m |
| Equity | €1.03b |
| Total liabilities | €7.95b |
| Total assets | €8.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMBP's short term assets (€3.5B) do not cover its short term liabilities (€4.2B).
Long Term Liabilities: MMBP's short term assets (€3.5B) do not cover its long term liabilities (€3.8B).
Debt to Equity History and Analysis
Debt Level: MMBP's net debt to equity ratio (166.3%) is considered high.
Reducing Debt: MMBP's debt to equity ratio has increased from 100.1% to 248.9% over the past 5 years.
Debt Coverage: MMBP's debt is well covered by operating cash flow (27.3%).
Interest Coverage: MMBP's interest payments on its debt are well covered by EBIT (3.1x coverage).