Laurent-Perrier Balance Sheet Health
Financial Health criteria checks 5/6
Laurent-Perrier has a total shareholder equity of €578.0M and total debt of €257.0M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are €1.1B and €492.3M respectively. Laurent-Perrier's EBIT is €89.3M making its interest coverage ratio 14. It has cash and short-term investments of €61.6M.
Key information
44.5%
Debt to equity ratio
€256.95m
Debt
| Interest coverage ratio | 14x |
| Cash | €61.64m |
| Equity | €578.03m |
| Total liabilities | €492.26m |
| Total assets | €1.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPRR.F's short term assets (€816.3M) exceed its short term liabilities (€238.8M).
Long Term Liabilities: LPRR.F's short term assets (€816.3M) exceed its long term liabilities (€253.5M).
Debt to Equity History and Analysis
Debt Level: LPRR.F's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: LPRR.F's debt to equity ratio has reduced from 86% to 44.5% over the past 5 years.
Debt Coverage: LPRR.F's debt is not well covered by operating cash flow (9%).
Interest Coverage: LPRR.F's interest payments on its debt are well covered by EBIT (14x coverage).