Lanakam Balance Sheet Health
Financial Health criteria checks 1/6
Lanakam has a total shareholder equity of €8.9M and total debt of €1.6M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are €13.8M and €4.9M respectively. Lanakam's EBIT is €35.6K making its interest coverage ratio 0.5. It has cash and short-term investments of €39.2K.
Key information
17.6%
Debt to equity ratio
€1.56m
Debt
| Interest coverage ratio | 0.5x |
| Cash | €39.17k |
| Equity | €8.90m |
| Total liabilities | €4.92m |
| Total assets | €13.82m |
Recent financial health updates
Is Lanakam (ATH:LANAC) A Risky Investment?
Nov 13
Lanakam (ATH:LANAC) Is Making Moderate Use Of Debt
Oct 26Is Lanakam (ATH:LANAC) Using Too Much Debt?
Jun 18We Think Lanakam (ATH:LANAC) Has A Fair Chunk Of Debt
Oct 14Is Lanakam (ATH:LANAC) Using Too Much Debt?
May 17Recent updates
Here's Why We Think Lanakam (ATH:LANAC) Might Deserve Your Attention Today
May 29Lanakam S.A.'s (ATH:LANAC) Price Is Out Of Tune With Earnings
Feb 05Is Lanakam (ATH:LANAC) A Risky Investment?
Nov 13Lanakam S.A.'s (ATH:LANAC) 27% Share Price Plunge Could Signal Some Risk
Sep 21Lanakam (ATH:LANAC) Is Making Moderate Use Of Debt
Oct 26Is Lanakam (ATH:LANAC) Using Too Much Debt?
Jun 18We Think Lanakam (ATH:LANAC) Has A Fair Chunk Of Debt
Oct 14Is Lanakam (ATH:LANAC) Using Too Much Debt?
May 17Financial Position Analysis
Short Term Liabilities: LANAC's short term assets (€1.1M) do not cover its short term liabilities (€2.6M).
Long Term Liabilities: LANAC's short term assets (€1.1M) do not cover its long term liabilities (€2.3M).
Debt to Equity History and Analysis
Debt Level: LANAC's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: LANAC's debt to equity ratio has increased from 10.6% to 17.6% over the past 5 years.
Debt Coverage: LANAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LANAC's interest payments on its debt are not well covered by EBIT (0.5x coverage).