LVMH Moët Hennessy - Louis Vuitton Société Européenne Balance Sheet Health
Financial Health criteria checks 5/6
LVMH Moët Hennessy - Louis Vuitton Société Européenne has a total shareholder equity of €66.5B and total debt of €23.4B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are €144.4B and €78.0B respectively. LVMH Moët Hennessy - Louis Vuitton Société Européenne's EBIT is €21.9B making its interest coverage ratio 24.3. It has cash and short-term investments of €11.1B.
Key information
35.2%
Debt to equity ratio
€23.43b
Debt
| Interest coverage ratio | 24.3x |
| Cash | €11.10b |
| Equity | €66.48b |
| Total liabilities | €77.97b |
| Total assets | €144.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LVMH.F's short term assets (€44.9B) exceed its short term liabilities (€32.5B).
Long Term Liabilities: LVMH.F's short term assets (€44.9B) do not cover its long term liabilities (€45.4B).
Debt to Equity History and Analysis
Debt Level: LVMH.F's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: LVMH.F's debt to equity ratio has reduced from 38.1% to 35.2% over the past 5 years.
Debt Coverage: LVMH.F's debt is well covered by operating cash flow (80.8%).
Interest Coverage: LVMH.F's interest payments on its debt are well covered by EBIT (24.3x coverage).