Live Ventures Balance Sheet Health
Financial Health criteria checks 2/6
Live Ventures has a total shareholder equity of $99.4M and total debt of $150.2M, which brings its debt-to-equity ratio to 151.1%. Its total assets and total liabilities are $436.6M and $337.3M respectively. Live Ventures's EBIT is $14.4M making its interest coverage ratio 1. It has cash and short-term investments of $5.6M.
Key information
151.1%
Debt to equity ratio
US$150.17m
Debt
| Interest coverage ratio | 1x |
| Cash | US$5.57m |
| Equity | US$99.40m |
| Total liabilities | US$337.25m |
| Total assets | US$436.65m |
Recent financial health updates
These 4 Measures Indicate That Live Ventures (NASDAQ:LIVE) Is Using Debt In A Risky Way
Apr 01
Is Live Ventures (NASDAQ:LIVE) A Risky Investment?
May 13Live Ventures (NASDAQ:LIVE) Takes On Some Risk With Its Use Of Debt
Sep 17Is Live Ventures (NASDAQ:LIVE) A Risky Investment?
Jun 01Here's Why Live Ventures (NASDAQ:LIVE) Can Manage Its Debt Responsibly
Mar 03Here's Why Live Ventures (NASDAQ:LIVE) Has A Meaningful Debt Burden
Mar 30Recent updates
These 4 Measures Indicate That Live Ventures (NASDAQ:LIVE) Is Using Debt In A Risky Way
Apr 01Is Live Ventures (NASDAQ:LIVE) A Risky Investment?
May 13Live Ventures (NASDAQ:LIVE) Takes On Some Risk With Its Use Of Debt
Sep 17Live Ventures Feels Inflation Pressures But Low Stock Price Allows Wide Margin Of Safety
Jul 18Live Ventures acquired The Kinetic at $26M
Jun 30Is Live Ventures (NASDAQ:LIVE) A Risky Investment?
Jun 01Here's Why Live Ventures (NASDAQ:LIVE) Can Manage Its Debt Responsibly
Mar 03Live Ventures' Future Remains On A Knife Edge
Feb 15Here's Why I Think Live Ventures (NASDAQ:LIVE) Is An Interesting Stock
Dec 30Live Ventures Has Become A High Risk, High Reward Proposition Following SEC Charges
Aug 11Live Ventures to acquire Salomon Whitney in all-cash transaction
Jun 17Shareholders Can Be Confident That Live Ventures' (NASDAQ:LIVE) Earnings Are High Quality
May 25Returns At Live Ventures (NASDAQ:LIVE) Are On The Way Up
May 04Here's Why Live Ventures (NASDAQ:LIVE) Has A Meaningful Debt Burden
Mar 30Forget About GameStop, Live Ventures Is Showing Strong Earnings Growth Even With COVID-19 Shutdowns
Feb 02Live Ventures stock +32% post FY2020 results
Jan 13Will The ROCE Trend At Live Ventures (NASDAQ:LIVE) Continue?
Dec 07
Financial Position Analysis
Short Term Liabilities: LIVE's short term assets ($185.1M) exceed its short term liabilities ($103.3M).
Long Term Liabilities: LIVE's short term assets ($185.1M) do not cover its long term liabilities ($233.9M).
Debt to Equity History and Analysis
Debt Level: LIVE's net debt to equity ratio (145.5%) is considered high.
Reducing Debt: LIVE's debt to equity ratio has reduced from 166% to 151.1% over the past 5 years.
Debt Coverage: LIVE's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: LIVE's interest payments on its debt are not well covered by EBIT (1x coverage).