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Lauritz.com Group Balance Sheet Health
Financial Health criteria checks 0/6
Lauritz.com Group has a total shareholder equity of DKK-46.6M and total debt of DKK92.4M, which brings its debt-to-equity ratio to -198.3%. Its total assets and total liabilities are DKK139.0M and DKK185.7M respectively. Lauritz.com Group's EBIT is DKK1.1M making its interest coverage ratio 0.3. It has cash and short-term investments of DKK3.7M.
Key information
-198.3%
Debt to equity ratio
kr.92.44m
Debt
Interest coverage ratio | 0.3x |
Cash | kr.3.74m |
Equity | -kr.46.63m |
Total liabilities | kr.185.67m |
Total assets | kr.139.04m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LAUR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LAUR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: LAUR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LAUR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LAUR's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: LAUR's interest payments on its debt are not well covered by EBIT (0.3x coverage).