LAMDA Development Balance Sheet Health

Financial Health criteria checks 1/6

LAMDA Development has a total shareholder equity of €1.2B and total debt of €1.1B, which brings its debt-to-equity ratio to 96.1%. Its total assets and total liabilities are €4.2B and €3.0B respectively. LAMDA Development's EBIT is €91.2M making its interest coverage ratio 1.5. It has cash and short-term investments of €464.1M.

Key information

96.1%

Debt to equity ratio

€1.14b

Debt

Interest coverage ratio1.5x
Cash€464.13m
Equity€1.19b
Total liabilities€2.96b
Total assets€4.15b

Recent financial health updates

Recent updates

Investors Shouldn't Be Too Comfortable With LAMDA Development's (ATH:LAMDA) Earnings

Apr 27
Investors Shouldn't Be Too Comfortable With LAMDA Development's (ATH:LAMDA) Earnings

Is LAMDA Development (ATH:LAMDA) Weighed On By Its Debt Load?

Feb 09
Is LAMDA Development (ATH:LAMDA) Weighed On By Its Debt Load?

Is Lamda Development (ATH:LAMDA) Using Too Much Debt?

Nov 03
Is Lamda Development (ATH:LAMDA) Using Too Much Debt?

Does Lamda Development (ATH:LAMDA) Have A Healthy Balance Sheet?

Aug 03
Does Lamda Development (ATH:LAMDA) Have A Healthy Balance Sheet?

Is Lamda Development (ATH:LAMDA) Using Too Much Debt?

Jan 27
Is Lamda Development (ATH:LAMDA) Using Too Much Debt?

What Does Lamda Development S.A.'s (ATH:LAMDA) Share Price Indicate?

Jul 27
What Does Lamda Development S.A.'s (ATH:LAMDA) Share Price Indicate?

Financial Position Analysis

Short Term Liabilities: LAMDA's short term assets (€885.5M) do not cover its short term liabilities (€910.4M).

Long Term Liabilities: LAMDA's short term assets (€885.5M) do not cover its long term liabilities (€2.1B).


Debt to Equity History and Analysis

Debt Level: LAMDA's net debt to equity ratio (57.1%) is considered high.

Reducing Debt: LAMDA's debt to equity ratio has reduced from 102.8% to 96.1% over the past 5 years.

Debt Coverage: LAMDA's debt is not well covered by operating cash flow (10.6%).

Interest Coverage: LAMDA's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


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