Lindblad Expeditions Hldgs Inc Financials
Lindblad Expeditions Hldgs Inc (LIND) reported $771.0M in revenue for fiscal year 2025, up 19.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Operating recovery is real, but debt service still consumes it, leaving a business that throws off cash yet reports losses.
Operating income climbed from$10.6M to$45.5M over the recent recovery while interest expense barely moved, so the core business is improving without yet escaping its financing burden. The result is an earnings-versus-cash gap: operating cash flow reached$111.6M and free cash flow held at$63.8M even though net income stayed negative.
Margin expansion appears to be coming from better fixed-cost absorption, not just expense cuts: gross margin reached
Balance-sheet repair is lagging the income and cash-flow improvement: cash rose to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Lindblad Expeditions Hldgs Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Lindblad Expeditions Hldgs Inc has an operating margin of 5.9%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 42/100, indicating healthy but not exceptional operating efficiency. This is up from 3.3% the prior year.
Lindblad Expeditions Hldgs Inc's revenue surged 19.6% year-over-year to $771.0M, reflecting rapid business expansion. This strong growth earns a score of 77/100.
Lindblad Expeditions Hldgs Inc's current ratio of 0.80 is below the typical benchmark, resulting in a score of 12/100. However, the company holds substantial cash reserves (56% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
Lindblad Expeditions Hldgs Inc has a free cash flow margin of 8.3%, earning a moderate score of 55/100. The company generates positive cash flow after capital investments, but with room for improvement.
Lindblad Expeditions Hldgs Inc scores 1.32, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($2.0B) relative to total liabilities ($1.1B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Lindblad Expeditions Hldgs Inc passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Lindblad Expeditions Hldgs Inc reported a net loss of $34.6M while generating $111.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Lindblad Expeditions Hldgs Inc earns $1.01 in operating income for every $1 of interest expense ($45.5M vs $45.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Lindblad Expeditions Hldgs Inc generated $771.0M in revenue in fiscal year 2025. This represents an increase of 19.6% from the prior year.
Lindblad Expeditions Hldgs Inc's EBITDA was $108.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 46.1% from the prior year.
Lindblad Expeditions Hldgs Inc reported -$34.6M in net income in fiscal year 2025. This represents an increase of 3.4% from the prior year.
Lindblad Expeditions Hldgs Inc earned -$0.63 per diluted share (EPS) in fiscal year 2025. This represents an increase of 6.0% from the prior year.
Cash & Balance Sheet
Lindblad Expeditions Hldgs Inc generated $63.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 8.5% from the prior year.
Lindblad Expeditions Hldgs Inc held $256.7M in cash against $662.7M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Lindblad Expeditions Hldgs Inc's gross margin was 45.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 2.0 percentage points from the prior year.
Lindblad Expeditions Hldgs Inc's operating margin was 5.9% in fiscal year 2025, reflecting core business profitability. This is up 2.6 percentage points from the prior year.
Lindblad Expeditions Hldgs Inc's net profit margin was -4.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.1 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Lindblad Expeditions Hldgs Inc invested $47.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 42.4% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
LIND Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $830.6M | $771.0M+19.6% | $644.7M+13.2% | $569.5M+35.1% | $421.5M+186.5% | $147.1M+78.6% | $82.4M-76.0% | $343.1M+10.8% | $309.7M+16.2% | $266.5M+10.0% | $242.3M+15.4% | $210.0M+5.8% | $198.5M+3.2% | $192.2M | N/A |
| Cost of Revenue | $443.1M | $418.0M+15.3% | $362.6M+7.2% | $338.2M+19.4% | $283.2M+127.5% | $124.5M+70.7% | $72.9M-56.2% | $166.6M+8.4% | $153.7M+13.4% | $135.5M+13.9% | $119.0M+24.7% | $95.4M+6.0% | $90.0M-6.9% | $96.7M | N/A |
| Gross Profit | $387.5M | $353.0M+25.1% | $282.1M+22.0% | $231.3M+67.3% | $138.3M+511.2% | $22.6M+140.0% | $9.4M-94.7% | $176.5M+13.1% | $156.0M+19.1% | $131.0M+6.2% | $123.4M+7.7% | $114.6M+5.6% | $108.5M+13.5% | $95.6M | N/A |
| SG&A Expenses | $132.4M | $130.0M+7.4% | $121.0M+18.0% | $102.6M+6.5% | $96.3M+47.1% | $65.4M+43.8% | $45.5M-27.5% | $62.7M-0.2% | $62.9M+3.9% | $60.5M+16.6% | $51.9M+33.1% | $39.0M+8.2% | $36.1M+18.5% | $30.4M | N/A |
| Operating Income | $58.0M | $45.5M+111.0% | $21.6M+103.3% | $10.6M+116.8% | -$63.0M+43.1% | -$110.8M-25.4% | -$88.4M-366.3% | $33.2M+31.0% | $25.3M+135.8% | $10.7M-23.2% | $14.0M-9.8% | $15.5M-49.0% | $30.4M+29.3% | $23.5M+493430.5% | -$5K |
| Interest Expense | -$43.1M | -$45.2M+1.1% | -$45.7M-1.6% | -$45.0M-20.1% | -$37.5M-52.6% | -$24.6M-47.2% | -$16.7M-35.8% | -$12.3M-13.5% | -$10.8M-11.2% | -$9.7M+4.0% | -$10.1M+6.9% | -$10.9M-26248.4% | $42K+306.3% | $10K | N/A |
| Income Tax | $3.6M | $2.5M-20.3% | $3.1M-1.3% | $3.1M-48.2% | $6.1M+400.9% | -$2.0M+79.4% | -$9.8M-547.7% | $2.2M+255.5% | $616K-93.8% | $10.0M+412.6% | -$3.2M-20.8% | -$2.6M-194.6% | $2.8M+68.4% | $1.7M | N/A |
| Net Income | -$22.1M | -$34.6M+3.4% | -$35.8M+28.4% | -$50.0M+56.9% | -$116.1M+6.9% | -$124.7M-26.3% | -$98.7M-703.8% | $16.4M+44.1% | $11.4M+231.1% | -$8.7M-278.1% | $4.9M-75.4% | $19.7M-11.3% | $22.2M+49.9% | $14.8M+311425.5% | -$5K |
| EPS (Diluted) | — | -$0.63+6.0% | -$0.67+28.7% | -$0.94+57.8% | -$2.23+7.5% | -$2.41-19.9% | -$2.01-817.9% | $0.28+16.7% | $0.24+226.3% | -$0.19-290.0% | $0.10-76.7% | $0.43-2.3% | $0.44 | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
LIND Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $980.0M+11.8% | $876.9M+5.5% | $831.3M+5.5% | $788.0M-4.8% | $827.5M+9.2% | $757.4M+38.1% | $548.7M+15.9% | $473.4M+11.6% | $424.3M+4.1% | $407.7M+6.8% | $381.6M+55.2% | $245.9M+22.7% | $200.4M+119362.1% | $168K |
| Current Assets | $367.9M+32.1% | $278.4M+13.9% | $244.5M+33.4% | $183.3M-12.8% | $210.3M-8.2% | $229.2M+56.3% | $146.6M-2.4% | $150.2M+14.0% | $131.7M-23.0% | $171.0M-27.0% | $234.3M+254.5% | $66.1M+15866.2% | $414K+15968.4% | $3K |
| Cash & Equivalents | $256.7M+39.6% | $183.9M+17.3% | $156.8M+79.9% | $87.2M-42.2% | $150.8M-19.6% | $187.5M+84.6% | $101.6M-10.4% | $113.4M+17.6% | $96.4M-28.8% | $135.4M-34.6% | $206.9M+421.4% | $39.7M-10.5% | $44.4M | N/A |
| Inventory | N/A | N/A | N/A | $2.0M-13.7% | $2.3M+5.1% | $2.2M+7.0% | $2.0M+26.4% | $1.6M-10.6% | $1.8M+7.7% | $1.7M-4.6% | $1.7M+2.7% | $1.7M | N/A | N/A |
| Goodwill | $60.6M+2.7% | $59.0M+40.5% | $42.0M0.0% | $42.0M0.0% | $42.0M+90.1% | $22.1M0.0% | $22.1M0.0% | $22.1M0.0% | $22.1M0.0% | $22.1M | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.1B+10.9% | $1.0B+8.2% | $945.1M+8.2% | $873.6M+7.6% | $811.5M+28.6% | $631.2M+54.2% | $409.3M+16.7% | $350.9M+12.6% | $311.7M+8.0% | $288.7M+7.9% | $267.7M+50.1% | $178.4M+23.1% | $144.9M+373.3% | -$53.0M |
| Current Liabilities | $461.6M+17.6% | $392.5M+22.9% | $319.2M-6.4% | $341.1M+17.8% | $289.5M+85.8% | $155.8M-14.8% | $182.9M+14.7% | $159.4M+10.4% | $144.4M+16.5% | $123.9M+18.8% | $104.3M-17.1% | $125.9M+63772.4% | $197K+31.3% | $150K |
| Long-Term Debt | $662.7M+6.0% | $625.4M+0.6% | $621.8M+17.4% | $529.5M+2.1% | $518.7M+10.0% | $471.4M+120.7% | $213.5M+13.5% | $188.1M+14.6% | $164.2M0.0% | $164.1M+0.9% | $162.7M+214.3% | $51.8M | N/A | N/A |
| Total Equity | -$284.5M-12.4% | -$253.1M-12.5% | -$225.1M-23.2% | -$182.7M-132.5% | -$78.6M-324.8% | $35.0M-71.6% | $123.3M+6.2% | $116.0M+9.1% | $106.3M-6.6% | $113.8M-0.1% | $113.9M+68.6% | $67.6M+21.6% | $55.6M+4.5% | $53.2M |
| Retained Earnings | -$411.4M-13.4% | -$362.9M-12.6% | -$322.2M-20.9% | -$266.5M-95.3% | -$136.4M-1079.0% | -$11.6M-114.2% | $81.7M+8.6% | $75.2M+17.8% | $63.8M-9.7% | $70.7M+7.4% | $65.8M+42.8% | $46.1M | N/A | N/A |
Not reported in any period shown, so not listed: Accounts Receivable.
LIND Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $142.5M | $111.6M+20.8% | $92.4M+263.0% | $25.4M+1254.8% | -$2.2M-106.8% | $32.5M+135.2% | -$92.3M-247.4% | $62.6M+11.0% | $56.4M+6.5% | $52.9M+68.4% | $31.4M-22.0% | $40.3M-6.4% | $43.1M+29.3% | $33.3M+948192.3% | -$4K |
| Capital Expenditures | $33.5M | $47.7M+42.4% | $33.5M+11.9% | $30.0M-21.6% | $38.2M-60.5% | $96.7M-37.8% | $155.5M+62.0% | $96.0M+76.7% | $54.3M-32.5% | $80.5M+6.0% | $75.9M+413.1% | $14.8M+149.9% | $5.9M-6.8% | $6.4M | N/A |
| Free Cash Flow | $109.0M | $63.8M+8.5% | $58.8M+1401.1% | -$4.5M+88.8% | -$40.4M+37.1% | -$64.2M+74.1% | -$247.7M-641.3% | -$33.4M-1761.0% | $2.0M+107.3% | -$27.6M+38.1% | -$44.5M-274.5% | $25.5M-31.3% | $37.1M+37.8% | $26.9M | N/A |
| Investing Cash Flow | -$37.4M | -$67.3M-52.6% | -$44.1M-197.8% | -$14.8M+70.2% | -$49.6M+56.8% | -$114.7M+26.2% | -$155.5M-55.3% | -$100.1M-84.2% | -$54.3M+32.5% | -$80.5M+6.3% | -$85.9M-5.4% | -$81.5M-181.1% | -$29.0M-181.4% | -$10.3M | N/A |
| Financing Cash Flow | $12.5M | $29.6M+249.6% | -$19.8M-132.6% | $60.7M+1345.7% | -$4.9M-109.7% | $50.4M-85.3% | $343.0M+1293.8% | $24.6M+49.0% | $16.5M+223.3% | -$13.4M+18.1% | -$16.4M-107.8% | $208.5M+1299.1% | -$17.4M+1.2% | -$17.6M-63881.8% | -$28K |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $1.9M | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
LIND Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.8%+2.0pp | 43.8%+3.1pp | 40.6%+7.8pp | 32.8%+17.4pp | 15.4%+3.9pp | 11.4%-40.0pp | 51.4%+1.1pp | 50.4%+1.2pp | 49.1%-1.8pp | 50.9%-3.6pp | 54.6%-0.1pp | 54.6%+4.9pp | 49.7% | N/A |
| Operating Margin | 5.9%+2.6pp | 3.3%+1.5pp | 1.9%+16.8pp | -15.0%+60.4pp | -75.3% | -107.3% | 9.7%+1.5pp | 8.2%+4.1pp | 4.0%-1.7pp | 5.8%-1.6pp | 7.4%-7.9pp | 15.3%+3.1pp | 12.2% | N/A |
| Net Margin | -4.5%+1.1pp | -5.5%+3.2pp | -8.8%+18.8pp | -27.5%+57.2pp | -84.8% | -119.9% | 4.8%+1.1pp | 3.7%+6.9pp | -3.3%-5.3pp | 2.0%-7.4pp | 9.4%-1.8pp | 11.2%+3.5pp | 7.7% | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | -282.4%-295.7pp | 13.3%+3.5pp | 9.8%+17.9pp | -8.2%-12.4pp | 4.3%-13.1pp | 17.3%-15.6pp | 32.9%+6.2pp | 26.7%+26.7pp | 0.0% |
| Return on Assets | -3.5%+0.6pp | -4.1%+1.9pp | -6.0%+8.7pp | -14.7%+0.3pp | -15.1%-2.0pp | -13.0%-16.0pp | 3.0%+0.6pp | 2.4%+4.4pp | -2.0%-3.2pp | 1.2%-4.0pp | 5.2%-3.9pp | 9.0%+1.6pp | 7.4%+10.3pp | -2.8% |
| Current Ratio | 0.80+0.1x | 0.71-0.1x | 0.77+0.2x | 0.54-0.2x | 0.73-0.7x | 1.47+0.7x | 0.80-0.1x | 0.940.0x | 0.91-0.5x | 1.38-0.9x | 2.25+1.7x | 0.53-1.6x | 2.10+2.1x | 0.02 |
| Debt-to-Equity | N/A | N/A | N/A | N/A | N/A | 13.48+11.8x | 1.73+0.1x | 1.62+0.1x | 1.54+0.1x | 1.440.0x | 1.43+0.7x | 0.77-1.8x | 2.61 | N/A |
| FCF Margin | 8.3%-0.9pp | 9.1%+9.9pp | -0.8%+8.8pp | -9.6%+34.1pp | -43.6% | -300.8% | -9.7%-10.4pp | 0.7%+11.0pp | -10.3%+8.0pp | -18.4%-30.5pp | 12.1%-6.6pp | 18.7%+4.7pp | 14.0% | N/A |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$284.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.80), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Lindblad Expeditions Hldgs Inc Ranks
Frequently Asked Questions
What is Lindblad Expeditions Hldgs Inc's annual revenue?
Lindblad Expeditions Hldgs Inc (LIND) reported $771.0M in total revenue for fiscal year 2025. This represents a 19.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Lindblad Expeditions Hldgs Inc's revenue growing?
Lindblad Expeditions Hldgs Inc (LIND) revenue grew by 19.6% year-over-year, from $644.7M to $771.0M in fiscal year 2025.
Is Lindblad Expeditions Hldgs Inc profitable?
No, Lindblad Expeditions Hldgs Inc (LIND) reported a net income of -$34.6M in fiscal year 2025, with a net profit margin of -4.5%.
What is Lindblad Expeditions Hldgs Inc's EBITDA?
Lindblad Expeditions Hldgs Inc (LIND) had EBITDA of $108.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Lindblad Expeditions Hldgs Inc have?
As of fiscal year 2025, Lindblad Expeditions Hldgs Inc (LIND) had $256.7M in cash and equivalents against $662.7M in long-term debt.
What is Lindblad Expeditions Hldgs Inc's gross margin?
Lindblad Expeditions Hldgs Inc (LIND) had a gross margin of 45.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Lindblad Expeditions Hldgs Inc's operating margin?
Lindblad Expeditions Hldgs Inc (LIND) had an operating margin of 5.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Lindblad Expeditions Hldgs Inc's net profit margin?
Lindblad Expeditions Hldgs Inc (LIND) had a net profit margin of -4.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Lindblad Expeditions Hldgs Inc's free cash flow?
Lindblad Expeditions Hldgs Inc (LIND) generated $63.8M in free cash flow during fiscal year 2025. This represents a 8.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Lindblad Expeditions Hldgs Inc's operating cash flow?
Lindblad Expeditions Hldgs Inc (LIND) generated $111.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Lindblad Expeditions Hldgs Inc's total assets?
Lindblad Expeditions Hldgs Inc (LIND) had $980.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Lindblad Expeditions Hldgs Inc's capital expenditures?
Lindblad Expeditions Hldgs Inc (LIND) invested $47.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Lindblad Expeditions Hldgs Inc's current ratio?
Lindblad Expeditions Hldgs Inc (LIND) had a current ratio of 0.80 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Lindblad Expeditions Hldgs Inc's return on assets (ROA)?
Lindblad Expeditions Hldgs Inc (LIND) had a return on assets of -3.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is Lindblad Expeditions Hldgs Inc's debt-to-equity ratio negative or not reported?
Lindblad Expeditions Hldgs Inc (LIND) has negative shareholder equity of -$284.5M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Lindblad Expeditions Hldgs Inc's Altman Z-Score?
Lindblad Expeditions Hldgs Inc (LIND) has an Altman Z-Score of 1.32, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Lindblad Expeditions Hldgs Inc's Piotroski F-Score?
Lindblad Expeditions Hldgs Inc (LIND) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Lindblad Expeditions Hldgs Inc's earnings high quality?
Lindblad Expeditions Hldgs Inc (LIND) reported a net loss of $34.6M while generating $111.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Lindblad Expeditions Hldgs Inc cover its interest payments?
Lindblad Expeditions Hldgs Inc (LIND) has an interest coverage ratio of 1.01x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Lindblad Expeditions Hldgs Inc?
Lindblad Expeditions Hldgs Inc (LIND) scores 41 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.