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 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 01Is Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Trading At A 49% Discount?
Mar 26Financial 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.