Lazydays Holdings, Inc.

NasdaqCM:GORV Stock Report

Market Cap: US$43.9m

Lazydays Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Lazydays Holdings has a total shareholder equity of $191.7M and total debt of $562.6M, which brings its debt-to-equity ratio to 293.4%. Its total assets and total liabilities are $821.7M and $630.0M respectively.

Key information

293.4%

Debt to equity ratio

US$562.59m

Debt

Interest coverage ration/a
CashUS$39.35m
EquityUS$191.72m
Total liabilitiesUS$630.03m
Total assetsUS$821.75m

Recent financial health updates

Lazydays Holdings (NASDAQ:LAZY) Seems To Use Debt Quite Sensibly

Jan 09
Lazydays Holdings (NASDAQ:LAZY) Seems To Use Debt Quite Sensibly

Recent updates

Lazydays CFO Nick Tomashot to retire, Kelly Porter to succeed

Oct 05

Lazydays Holdings: Shares Are Cheap Even Though Recent Performance Has Been Mixed

Sep 22

Lazydays Q2 Earnings Preview

Aug 03

Lazydays announces new CEO

Jul 19

Lazydays Holdings: Trading 50% Below Rejected Takeout Offer, Insiders Own 43%

Jun 30

Lazydays Holdings: Attractively Priced With A Possible Catalyst

Apr 12

Lazydays Holdings, Inc. (NASDAQ:LAZY) Shares Could Be 44% Below Their Intrinsic Value Estimate

Mar 15
Lazydays Holdings, Inc. (NASDAQ:LAZY) Shares Could Be 44% Below Their Intrinsic Value Estimate

Looking In On Lazydays Holdings

Jan 22

Lazydays Holdings (NASDAQ:LAZY) Seems To Use Debt Quite Sensibly

Jan 09
Lazydays Holdings (NASDAQ:LAZY) Seems To Use Debt Quite Sensibly

Here's Why I Think Lazydays Holdings (NASDAQ:LAZY) Might Deserve Your Attention Today

Dec 14
Here's Why I Think Lazydays Holdings (NASDAQ:LAZY) Might Deserve Your Attention Today

Lazydays Holdings: Cheap By Most Accounts

Nov 05

Lazydays: The Great Dilution

Jul 20

Financial Position Analysis

Short Term Liabilities: GORV's short term assets ($423.7M) exceed its short term liabilities ($418.0M).

Long Term Liabilities: GORV's short term assets ($423.7M) exceed its long term liabilities ($212.1M).


Debt to Equity History and Analysis

Debt Level: GORV's net debt to equity ratio (272.9%) is considered high.

Reducing Debt: GORV's debt to equity ratio has increased from 155.3% to 293.4% over the past 5 years.

Debt Coverage: GORV's debt is not well covered by operating cash flow (12.9%).

Interest Coverage: Insufficient data to determine if GORV's interest payments on its debt are well covered by EBIT.


Balance Sheet


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