Lazydays Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Lazydays Holdings has a total shareholder equity of $130.9M and total debt of $522.5M, which brings its debt-to-equity ratio to 399.1%. Its total assets and total liabilities are $735.9M and $605.0M respectively.
Key information
399.1%
Debt to equity ratio
US$522.54m
Debt
| Interest coverage ratio | n/a |
| Cash | US$13.54m |
| Equity | US$130.93m |
| Total liabilities | US$605.02m |
| Total assets | US$735.95m |
Recent financial health updates
Recent updates
Lazydays CFO Nick Tomashot to retire, Kelly Porter to succeed
Oct 05Lazydays Holdings: Shares Are Cheap Even Though Recent Performance Has Been Mixed
Sep 22Lazydays Q2 Earnings Preview
Aug 03Lazydays announces new CEO
Jul 19Lazydays Holdings: Trading 50% Below Rejected Takeout Offer, Insiders Own 43%
Jun 30Lazydays Holdings: Attractively Priced With A Possible Catalyst
Apr 12Lazydays Holdings, Inc. (NASDAQ:LAZY) Shares Could Be 44% Below Their Intrinsic Value Estimate
Mar 15
Financial Position Analysis
Short Term Liabilities: GORV's short term assets ($358.6M) do not cover its short term liabilities ($392.0M).
Long Term Liabilities: GORV's short term assets ($358.6M) exceed its long term liabilities ($213.0M).
Debt to Equity History and Analysis
Debt Level: GORV's net debt to equity ratio (388.8%) is considered high.
Reducing Debt: GORV's debt to equity ratio has increased from 143.4% to 399.1% over the past 5 years.
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: GORV has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GORV is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.