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 ratio | 1.5x |
Cash | €464.13m |
Equity | €1.19b |
Total liabilities | €2.96b |
Total assets | €4.15b |
Recent financial health updates
Is LAMDA Development (ATH:LAMDA) Weighed On By Its Debt Load?
Feb 09Is Lamda Development (ATH:LAMDA) Using Too Much Debt?
Nov 03Does Lamda Development (ATH:LAMDA) Have A Healthy Balance Sheet?
Aug 03Is Lamda Development (ATH:LAMDA) Using Too Much Debt?
Jan 27Recent updates
Investors Shouldn't Be Too Comfortable With LAMDA Development's (ATH:LAMDA) Earnings
Apr 27Is LAMDA Development (ATH:LAMDA) Weighed On By Its Debt Load?
Feb 09Is Lamda Development (ATH:LAMDA) Using Too Much Debt?
Nov 03Does Lamda Development (ATH:LAMDA) Have A Healthy Balance Sheet?
Aug 03Is Lamda Development (ATH:LAMDA) Using Too Much Debt?
Jan 27What Does Lamda Development S.A.'s (ATH:LAMDA) Share Price Indicate?
Jul 27Financial 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).