Lagardere Balance Sheet Health
Financial Health criteria checks 1/6
Lagardere has a total shareholder equity of €877.0M and total debt of €2.7B, which brings its debt-to-equity ratio to 305.5%. Its total assets and total liabilities are €9.5B and €8.6B respectively. Lagardere's EBIT is €557.0M making its interest coverage ratio 2.6. It has cash and short-term investments of €365.0M.
Key information
305.5%
Debt to equity ratio
€2.68b
Debt
| Interest coverage ratio | 2.6x |
| Cash | €365.00m |
| Equity | €877.00m |
| Total liabilities | €8.60b |
| Total assets | €9.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LGDD.F's short term assets (€3.1B) do not cover its short term liabilities (€4.0B).
Long Term Liabilities: LGDD.F's short term assets (€3.1B) do not cover its long term liabilities (€4.6B).
Debt to Equity History and Analysis
Debt Level: LGDD.F's net debt to equity ratio (263.9%) is considered high.
Reducing Debt: LGDD.F's debt to equity ratio has increased from 151.8% to 305.5% over the past 5 years.
Debt Coverage: LGDD.F's debt is well covered by operating cash flow (44.9%).
Interest Coverage: LGDD.F's interest payments on its debt are not well covered by EBIT (2.6x coverage).