Luvu Brands Balance Sheet Health
Financial Health criteria checks 3/6
Luvu Brands has a total shareholder equity of $2.6M and total debt of $2.4M, which brings its debt-to-equity ratio to 91.5%. Its total assets and total liabilities are $8.8M and $6.2M respectively. Luvu Brands's EBIT is $84.0K making its interest coverage ratio 0.2. It has cash and short-term investments of $1.1M.
Key information
91.5%
Debt to equity ratio
US$2.41m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$1.07m |
| Equity | US$2.63m |
| Total liabilities | US$6.18m |
| Total assets | US$8.81m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LUVU's short term assets ($5.4M) exceed its short term liabilities ($4.5M).
Long Term Liabilities: LUVU's short term assets ($5.4M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: LUVU's net debt to equity ratio (50.9%) 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 debt is not well covered by operating cash flow (18.1%).
Interest Coverage: LUVU's interest payments on its debt are not well covered by EBIT (0.2x coverage).