lastminute.com Balance Sheet Health
Financial Health criteria checks 3/6
lastminute.com has a total shareholder equity of €43.3M and total debt of €73.7M, which brings its debt-to-equity ratio to 170.1%. Its total assets and total liabilities are €466.8M and €423.5M respectively. lastminute.com's EBIT is €14.8M making its interest coverage ratio 4.5. It has cash and short-term investments of €108.4M.
Key information
170.1%
Debt to equity ratio
€73.70m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €108.40m |
| Equity | €43.34m |
| Total liabilities | €423.50m |
| Total assets | €466.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LSMN.F's short term assets (€206.0M) do not cover its short term liabilities (€372.5M).
Long Term Liabilities: LSMN.F's short term assets (€206.0M) exceed its long term liabilities (€51.0M).
Debt to Equity History and Analysis
Debt Level: LSMN.F has more cash than its total debt.
Reducing Debt: LSMN.F's debt to equity ratio has increased from 39.6% to 170.1% over the past 5 years.
Debt Coverage: LSMN.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LSMN.F's interest payments on its debt are well covered by EBIT (4.5x coverage).