Lumibird Balance Sheet Health
Financial Health criteria checks 4/6
Lumibird has a total shareholder equity of €193.5M and total debt of €142.4M, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are €414.8M and €221.3M respectively. Lumibird's EBIT is €14.1M making its interest coverage ratio 4. It has cash and short-term investments of €64.0M.
Key information
73.6%
Debt to equity ratio
€142.37m
Debt
| Interest coverage ratio | 4x |
| Cash | €64.00m |
| Equity | €193.51m |
| Total liabilities | €221.31m |
| Total assets | €414.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FRI's short term assets (€200.9M) exceed its short term liabilities (€75.1M).
Long Term Liabilities: 0FRI's short term assets (€200.9M) exceed its long term liabilities (€146.2M).
Debt to Equity History and Analysis
Debt Level: 0FRI's net debt to equity ratio (40.5%) is considered high.
Reducing Debt: 0FRI's debt to equity ratio has increased from 20.9% to 73.6% over the past 5 years.
Debt Coverage: 0FRI's debt is well covered by operating cash flow (20.4%).
Interest Coverage: 0FRI's interest payments on its debt are well covered by EBIT (4x coverage).