Luvu Brands Balance Sheet Health
Financial Health criteria checks 3/6
Luvu Brands has a total shareholder equity of $3.1M and total debt of $2.6M, which brings its debt-to-equity ratio to 84.4%. Its total assets and total liabilities are $10.0M and $6.9M respectively. Luvu Brands's EBIT is $307.0K making its interest coverage ratio 0.8. It has cash and short-term investments of $1.2M.
Key information
84.4%
Debt to equity ratio
US$2.63m
Debt
Interest coverage ratio | 0.8x |
Cash | US$1.21m |
Equity | US$3.12m |
Total liabilities | US$6.86m |
Total assets | US$9.97m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LUVU's short term assets ($6.1M) exceed its short term liabilities ($4.3M).
Long Term Liabilities: LUVU's short term assets ($6.1M) exceed its long term liabilities ($2.6M).
Debt to Equity History and Analysis
Debt Level: LUVU's net debt to equity ratio (45.5%) is considered high.
Reducing Debt: LUVU had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: LUVU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LUVU's interest payments on its debt are not well covered by EBIT (0.8x coverage).