Lindblad Expeditions Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Lindblad Expeditions Holdings has a total shareholder equity of $-122.4M and total debt of $624.5M, which brings its debt-to-equity ratio to -510.3%. Its total assets and total liabilities are $889.8M and $1.0B respectively. Lindblad Expeditions Holdings's EBIT is $15.3M making its interest coverage ratio 0.3. It has cash and short-term investments of $193.9M.
Key information
-510.3%
Debt to equity ratio
US$624.50m
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$193.88m |
| Equity | -US$122.37m |
| Total liabilities | US$1.01b |
| Total assets | US$889.82m |
Recent financial health updates
No updates
Recent updates
Lindblad Expeditions: Upbeat Earnings Momentum, But A Moderate Overvaluation
Dec 03Lindblad Expeditions Holdings, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 08
Lindblad Expeditions Holdings, Inc.'s (NASDAQ:LIND) Shares Bounce 27% But Its Business Still Trails The Industry
Nov 06Benign Growth For Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Underpins Stock's 27% Plummet
Aug 13Lindblad Expeditions: Tour Occupancy Needs To Grow, Too
Jul 06What Lindblad Expeditions Holdings, Inc.'s (NASDAQ:LIND) P/S Is Not Telling You
Jun 25Lindblad Expeditions Holdings (NASDAQ:LIND) Will Be Hoping To Turn Its Returns On Capital Around
Mar 06Lindblad Expeditions: Poised To Expand With National Geographic
Jan 10There's Reason For Concern Over Lindblad Expeditions Holdings, Inc.'s (NASDAQ:LIND) Massive 40% Price Jump
Dec 20Returns On Capital Signal Tricky Times Ahead For Lindblad Expeditions Holdings (NASDAQ:LIND)
Nov 07Is There An Opportunity With Lindblad Expeditions Holdings, Inc.'s (NASDAQ:LIND) 50% Undervaluation?
Jun 07Is There An Opportunity With Lindblad Expeditions Holdings, Inc.'s (NASDAQ:LIND) 35% Undervaluation?
Feb 02Lindblad Expeditions Holdings: An Interesting Play For The Adventurous
Sep 08Lindblad Expeditions GAAP EPS of -$0.59 misses by $0.07, revenue of $90.9M beats by $9.7M
Aug 01Financial Position Analysis
Short Term Liabilities: LIND has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LIND 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: LIND has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LIND's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable LIND has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LIND is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 07:06 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lindblad Expeditions Holdings, Inc. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eric Wold | B. Riley Securities, Inc. |
| Alex Fuhrman | Craig-Hallum Capital Group LLC |
| Joel Simkins | Credit Suisse |