Lazydays Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Lazydays Holdings has a total shareholder equity of $213.2M and total debt of $652.7M, which brings its debt-to-equity ratio to 306.2%. Its total assets and total liabilities are $937.7M and $724.6M respectively. Lazydays Holdings's EBIT is $13.6M making its interest coverage ratio 0.4. It has cash and short-term investments of $58.1M.
Key information
306.2%
Debt to equity ratio
US$652.73m
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$58.09m |
| Equity | US$213.19m |
| Total liabilities | US$724.55m |
| Total assets | US$937.74m |
Recent financial health updates
Lazydays Holdings (NASDAQ:LAZY) Seems To Use Debt Quite Sensibly
Jan 09
Lazydays Holdings (NASDAQ:LAZY) Has A Pretty Healthy Balance Sheet
May 07Recent 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 15Looking In On Lazydays Holdings
Jan 22Lazydays Holdings (NASDAQ:LAZY) Seems To Use Debt Quite Sensibly
Jan 09Here's Why I Think Lazydays Holdings (NASDAQ:LAZY) Might Deserve Your Attention Today
Dec 14Lazydays Holdings: Cheap By Most Accounts
Nov 05Lazydays: The Great Dilution
Jul 20Lazydays Holdings to join Russell 3000 Index
Jun 08Lazydays receives Nasdaq notice for late filing
May 28Lazydays Holdings (NASDAQ:LAZY) Has A Pretty Healthy Balance Sheet
May 07Lazydays: $10.84 Per Share In Cash With $4.67 Per Share In EBITDA This Year
Apr 30Financial Position Analysis
Short Term Liabilities: GORV's short term assets ($546.9M) exceed its short term liabilities ($500.0M).
Long Term Liabilities: GORV's short term assets ($546.9M) exceed its long term liabilities ($224.6M).
Debt to Equity History and Analysis
Debt Level: GORV's net debt to equity ratio (278.9%) is considered high.
Reducing Debt: GORV's debt to equity ratio has increased from 173.6% to 306.2% over the past 5 years.
Debt Coverage: GORV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GORV's interest payments on its debt are not well covered by EBIT (0.4x coverage).