Lanakam Balance Sheet Health
Financial Health criteria checks 1/6
Lanakam has a total shareholder equity of €9.0M and total debt of €1.5M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are €13.7M and €4.6M respectively. Lanakam's EBIT is €33.9K making its interest coverage ratio 0.3. It has cash and short-term investments of €86.8K.
Key information
16.9%
Debt to equity ratio
€1.53m
Debt
| Interest coverage ratio | 0.3x |
| Cash | €86.75k |
| Equity | €9.04m |
| Total liabilities | €4.62m |
| Total assets | €13.66m |
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
Lanakam 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 (€1.3M) do not cover its short term liabilities (€2.6M).
Long Term Liabilities: LANAC's short term assets (€1.3M) do not cover its long term liabilities (€2.0M).
Debt to Equity History and Analysis
Debt Level: LANAC's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: LANAC's debt to equity ratio has increased from 10.2% to 16.9% over the past 5 years.
Debt Coverage: LANAC's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: LANAC's interest payments on its debt are not well covered by EBIT (0.3x coverage).