The company's financial position has weakened significantly, with total debt rising to $441.4 million and shareholder equity falling into a deficit of $85.0 million as of 2025Q2.
| Total Current Assets | 165.44M | 164.97M | 206.62M | 280.33M | 262.8M | 166.32M |
| Cash & Short-Term Investments | 29.72M | 18.04M | 28.13M | 91.9M | 88.67M | 44.94M |
| Cash Only | 29.72M | 18.04M | 28.13M | 91.9M | 88.67M | 44.94M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 23.94M | 40.52M | 45.66M | 48.87M | 39.78M | 22.19M |
| Days Sales Outstanding | 36.53 | 45 | 39.1 | 42.24 | 47.02 | 36.38 |
| Inventory | 74.02M | 89.71M | 107.18M | 109.09M | 92.33M | 75.84M |
| Days Inventory Outstanding | 221.76 | 224.52 | 223.25 | 215.98 | 242.6 | 263.1 |
| Other Current Assets | 37.76M | 5.03M | 20.28M | 24.26M | 36.52M | 18.9M |
| Total Non-Current Assets | 419.85M | 449.12M | 481.31M | 451.9M | 442.71M | 411.55M |
| Property, Plant & Equipment | 146.01M | 171.04M | 172.58M | 168.53M | 159.34M | 144.8M |
| Fixed Asset Turnover | 1.84x | 1.92x | 2.47x | 2.51x | 1.94x | 1.54x |
| Goodwill | 38.12M | 38.12M | 69.32M | 69.32M | 69.32M | 69.32M |
| Intangible Assets | 211.98M | 213.5M | 210.44M | 181.49M | 181.23M | 175.54M |
| Long-Term Investments | 5.42M | 2.71M | 2.66M | 2.38M | 1.95M | 1.32M |
| Other Non-Current Assets | 23.74M | 12.16M | 12.88M | 12.89M | 13.79M | 6.96M |
| Total Assets | 585.28M | 614.09M | 687.93M | 732.23M | 705.51M | 577.87M |
| Asset Turnover | 0.49x | 0.54x | 0.62x | 0.58x | 0.44x | 0.39x |
| Asset Growth % | -48.71% | -10.73% | -6.05% | 3.79% | 22.09% | - |
| Total Current Liabilities | 476.01M | 415.61M | 288.34M | 232.73M | 222.6M | 134.7M |
| Accounts Payable | 56.5M | 80.42M | 78.58M | 73.11M | 58.15M | 47.44M |
| Days Payables Outstanding | 185.46 | 201.27 | 163.67 | 144.75 | 152.79 | 164.55 |
| Short-Term Debt | 298.15M | 158.54M | 36M | 15.52M | 55.57M | 8.2M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 8.54M | 8.72M | 5.08M |
| Other Current Liabilities | 50.51M | 101.51M | 101.36M | 54.16M | 48.6M | 7.46M |
| Current Ratio | 0.35x | 0.40x | 0.72x | 1.20x | 1.18x | 1.23x |
| Quick Ratio | 0.19x | 0.18x | 0.34x | 0.74x | 0.77x | 0.67x |
| Cash Conversion Cycle | 72.84 | 68.25 | 98.69 | 113.47 | 136.83 | 134.93 |
| Total Non-Current Liabilities | 217.09M | 231.38M | 233.96M | 198.69M | 192.09M | 192.77M |
| Long-Term Debt | 10.27M | 25.22M | 32.38M | 18.11M | 11.21M | 11.4M |
| Capital Lease Obligations | 436.52M | 117.97M | 112.9M | 105.99M | 102.99M | 104.38M |
| Deferred Tax Liabilities | 51.39M | 51.39M | 52.8M | 54.66M | 0 | 0 |
| Other Non-Current Liabilities | 106.53M | 36.8M | 14.73M | 19.93M | 55.26M | 76.99M |
| Total Liabilities | 693.1M | 647M | 522.31M | 431.42M | 414.69M | 327.48M |
| Total Debt | 441.38M | 337.83M | 214.15M | 174.22M | 206.84M | 156.49M |
| Net Debt | 411.65M | 319.79M | 186.02M | 82.33M | 118.17M | 111.55M |
| Debt / Equity | -4.09x | - | 1.29x | 0.58x | 0.71x | 0.62x |
| Debt / EBITDA | -2.71x | - | - | - | - | - |
| Net Debt / EBITDA | -2.52x | - | - | - | - | - |
| Interest Coverage | -3.89x | -4.46x | -5.49x | -6.94x | -10.85x | -13.33x |
| Total Equity | -107.82M | -32.91M | 165.63M | 300.81M | 290.83M | 250.4M |
| Equity Growth % | -672.3% | -119.87% | -44.94% | 3.43% | 16.15% | - |
| Book Value per Share | -0.92 | -0.28 | 1.26 | 2.97 | 5.41 | 3.45 |
| Total Shareholders' Equity | -85.05M | -4.41M | 169.34M | 295.32M | 264.39M | 211.39M |
| Common Stock | 0 | 0 | 0 | 0 | 339.26M | 289.17M |
| Retained Earnings | -810.34M | -737.19M | -571.93M | -442.62M | -224.33M | -158.97M |
| Treasury Stock | 0 | -46.58M | -65.41M | -25.02M | -3K | 0 |
| Accumulated OCI | 725.29M | 14.3M | 22.79M | 19.46M | 12.18M | 81.2M |
| Minority Interest | -22.77M | -28.5M | -3.71M | 5.49M | 26.44M | 39.01M |
Liquidity and Solvency Risk
As reported in recent financial filings, LANV's equity position has deteriorated from a positive $239.3 million in 2023Q2 to a deficit of $85.0 million by 2025Q2, signaling a rapid depletion of net assets driven by persistent, multi-quarter operating losses and significant balance sheet contraction.
The shift into negative equity territory suggests that the company's accumulated losses have now fully offset its capital base, raising fundamental questions about the long-term viability of the current business model. Investors should monitor whether this trajectory necessitates a dilutive capital raise or further reliance on parent-company support to stabilize the balance sheet.
Based on the company's reported figures, total debt has climbed from $187.9 million in 2023Q2 to $441.4 million as of 2025Q2, indicating that the firm is increasingly reliant on external financing to fund operations while its core revenue streams continue to face significant downward pressure.
The accumulation of debt in the face of contracting revenue suggests that leverage is being used as a necessity to cover operating cash burn rather than for strategic growth initiatives. This trend warrants close investigation into the company's debt maturity profile and its ability to service these obligations without further asset impairment.
According to the latest balance sheet data, LANV's current ratio has compressed significantly from 0.95 in 2023Q2 to a precarious 0.35 in 2025Q2, highlighting a severe lack of short-term assets available to cover immediate liabilities and operational cash requirements in the coming quarters.
A current ratio well below unity implies that the company may struggle to meet its near-term obligations without immediate liquidity injections or aggressive working capital management. The persistent decline in cash reserves suggests that the firm's operational runway is narrowing, leaving little room for error in its turnaround efforts.
As indicated by the financial statements, the company carries $38.1 million in goodwill, which, when viewed alongside the negative equity position and declining revenue, suggests a potential risk of future impairment charges that could further erode the firm's already strained net asset value.
The presence of significant intangible assets on a balance sheet characterized by persistent losses and negative equity warrants caution, as these assets may not be supported by the company's current earnings power. Investors should consider the possibility that these carrying values are optimistic and may require downward adjustments if the brand portfolio fails to regain commercial traction.
Quick answers to the most common questions about buying LANV stock.
As of 2024, Lanvin Group Holdings Limited (LANV) had total assets of $614.1M including $165.0M in current assets.
Lanvin Group Holdings Limited (LANV) carries total debt of $337.8M, offset by $18.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Lanvin Group Holdings Limited (LANV) has total shareholders' equity (book value) of $-4.4M ($-0.28 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Lanvin Group Holdings Limited (LANV) reported a current ratio of 0.40x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.