Lazydays Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Lazydays Holdings has a total shareholder equity of $73.3M and total debt of $480.0M, which brings its debt-to-equity ratio to 654.4%. Its total assets and total liabilities are $675.8M and $602.5M respectively.
Key information
654.4%
Debt to equity ratio
US$479.98m
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.70m |
| Equity | US$73.35m |
| Total liabilities | US$602.48m |
| Total assets | US$675.83m |
Recent financial health updates
Recent updates
Is Lazydays Holdings (NASDAQ:GORV) A Risky Investment?
Apr 09
Risks To Shareholder Returns Are Elevated At These Prices For Lazydays Holdings, Inc. (NASDAQ:GORV)
Mar 19Lazydays 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 03Financial Position Analysis
Short Term Liabilities: GORV's short term assets ($353.8M) do not cover its short term liabilities ($378.9M).
Long Term Liabilities: GORV's short term assets ($353.8M) exceed its long term liabilities ($223.6M).
Debt to Equity History and Analysis
Debt Level: GORV's net debt to equity ratio (620.7%) is considered high.
Reducing Debt: GORV's debt to equity ratio has increased from 169.7% to 654.4% 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: Whilst unprofitable GORV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GORV is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 29.9% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/06 05:41 |
| End of Day Share Price | 2025/05/06 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Lazydays Holdings, Inc. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Labick | CJS Securities, Inc. |
| Steven Dyer | Craig-Hallum Capital Group LLC |
| Brandon Rollé | D.A. Davidson & Co. |