LU-VE Balance Sheet Health
Financial Health criteria checks 3/6
LU-VE has a total shareholder equity of €229.2M and total debt of €369.2M, which brings its debt-to-equity ratio to 161.1%. Its total assets and total liabilities are €785.5M and €556.2M respectively. LU-VE's EBIT is €46.5M making its interest coverage ratio 8.3. It has cash and short-term investments of €262.4M.
Key information
161.1%
Debt to equity ratio
€369.23m
Debt
Interest coverage ratio | 8.3x |
Cash | €262.45m |
Equity | €229.23m |
Total liabilities | €556.24m |
Total assets | €785.47m |
Recent financial health updates
Does LU-VE (BIT:LUVE) Have A Healthy Balance Sheet?
Aug 09Here's Why LU-VE (BIT:LUVE) Can Manage Its Debt Responsibly
Sep 29LU-VE (BIT:LUVE) Takes On Some Risk With Its Use Of Debt
Apr 10Recent updates
Analyst Estimates: Here's What Brokers Think Of LU-VE S.p.A. (BIT:LUVE) After Its Full-Year Report
Mar 16LU-VE S.p.A. (BIT:LUVE) Shares Could Be 32% Above Their Intrinsic Value Estimate
Dec 20Does LU-VE (BIT:LUVE) Have A Healthy Balance Sheet?
Aug 09Should You Be Adding LU-VE (BIT:LUVE) To Your Watchlist Today?
May 05Does This Valuation Of LU-VE S.p.A. (BIT:LUVE) Imply Investors Are Overpaying?
Feb 11Calculating The Intrinsic Value Of LU-VE S.p.A. (BIT:LUVE)
Oct 12Is LU-VE S.p.A. (BIT:LUVE) Expensive For A Reason? A Look At Its Intrinsic Value
Jun 03Here's Why LU-VE (BIT:LUVE) Can Manage Its Debt Responsibly
Sep 29LU-VE's (BIT:LUVE) Soft Earnings Are Actually Better Than They Appear
Apr 13LU-VE (BIT:LUVE) Takes On Some Risk With Its Use Of Debt
Apr 10LU-VE S.p.A. (BIT:LUVE) Analysts Are Pretty Bullish On The Stock After Recent Results
Mar 20Is LU-VE S.p.A. (BIT:LUVE) A Smart Pick For Income Investors?
Feb 23Did LU-VE S.p.A. (BIT:LUVE) Use Debt To Deliver Its ROE Of 12%?
Jan 11Did You Miss LU-VE's (BIT:LUVE) 40% Share Price Gain?
Dec 14Should You Buy LU-VE S.p.A. (BIT:LUVE) For Its Dividend?
Nov 23Financial Position Analysis
Short Term Liabilities: LUVE's short term assets (€475.2M) exceed its short term liabilities (€266.4M).
Long Term Liabilities: LUVE's short term assets (€475.2M) exceed its long term liabilities (€289.8M).
Debt to Equity History and Analysis
Debt Level: LUVE's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: LUVE's debt to equity ratio has increased from 138.8% to 161.1% over the past 5 years.
Debt Coverage: LUVE's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: LUVE's interest payments on its debt are well covered by EBIT (8.3x coverage).