Total assets expanded to $2.1B by 2025Q3, though the balance sheet remains sensitive to $156.1M in goodwill and potential impairment risks.
| Total Current Assets | 1.54B | 1.84B | 442.87M | 440.03M | 413.8M | 343.33M | 202.26M |
| Cash & Short-Term Investments | 311.42M | 603.6M | 15.11M | 30.14M | 113.51M | 76.76M | 9.37M |
| Cash Only | 311.42M | 603.6M | 15.11M | 30.14M | 113.51M | 76.76M | 10.53M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 76.97M | 80.6M | 12.9M | 8.18M | 8.28M | 5.88M | 9.6M |
| Days Sales Outstanding | 11.13 | 23.44 | 5.6 | 3.9 | 4.39 | 3.5 | 7.79 |
| Inventory | 998.77M | 1.02B | 370.63M | 360.26M | 230.14M | 247.05M | 169.13M |
| Days Inventory Outstanding | 279.05 | 568.12 | 296.46 | 340.64 | 250.94 | 277.42 | 257.71 |
| Other Current Assets | 150.49M | 139.5M | 37.41M | 35.32M | 54.39M | 8.33M | 9.18M |
| Total Non-Current Assets | 532.87M | 427.3M | 253.64M | 253.94M | 200.97M | 178.61M | 183.54M |
| Property, Plant & Equipment | 229.45M | 257M | 89.12M | 92.02M | 39.37M | 22.82M | 28.57M |
| Fixed Asset Turnover | 10.36x | 4.88x | 9.43x | 8.32x | 17.47x | 26.82x | 15.73x |
| Goodwill | 0 | 0 | 138.89M | 138.89M | 138.89M | 138.89M | 138.89M |
| Intangible Assets | 0 | 156.7M | 16.06M | 16.39M | 16.33M | 16.72M | 16.07M |
| Long-Term Investments | 260.11M | 0 | 0 | 0 | 294K | 175K | 0 |
| Other Non-Current Assets | 20.98M | 13.6M | 7.57M | 6.63M | 1K | 1K | 0 |
| Total Assets | 2.07B | 2.27B | 696.51M | 693.97M | 614.78M | 521.94M | 385.8M |
| Asset Turnover | 1.12x | 0.55x | 1.21x | 1.10x | 1.12x | 1.17x | 1.17x |
| Asset Growth % | 850.08% | 225.98% | 0.37% | 12.88% | 17.79% | 35.29% | - |
| Total Current Liabilities | 661.22M | 741.8M | 217.59M | 198.08M | 161.87M | 124.41M | 108.68M |
| Accounts Payable | 212.29M | 285.7M | 85.32M | 71.08M | 45.16M | 43.56M | 36.16M |
| Days Payables Outstanding | 63.38 | 159.21 | 68.25 | 67.21 | 49.24 | 48.91 | 55.09 |
| Short-Term Debt | 33.24M | 10M | 0 | 0 | 0 | 0 | 10M |
| Deferred Revenue (Current) | 153.96M | 0 | 17.1M | 16.93M | 10.75M | 10.97M | 6.76M |
| Other Current Liabilities | 361.36M | 414M | 44.34M | 46.4M | 55.73M | 22.18M | 14.64M |
| Current Ratio | 2.33x | 2.48x | 2.04x | 2.22x | 2.56x | 2.76x | 1.86x |
| Quick Ratio | 0.81x | 1.11x | 0.33x | 0.40x | 1.13x | 0.77x | 0.30x |
| Cash Conversion Cycle | 226.8 | 432.35 | 233.82 | 277.32 | 206.09 | 232.01 | 210.41 |
| Total Non-Current Liabilities | 164.91M | 181.5M | 43.28M | 52.46M | 21.24M | 11.81M | 212.74M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 191.19M |
| Capital Lease Obligations | 637.26M | 176.7M | 40.48M | 49.52M | 16.82M | 8.79M | 13.93M |
| Deferred Tax Liabilities | 968.27K | 0 | 12K | 296K | 0 | 2.31M | 1.13M |
| Other Non-Current Liabilities | 5.64M | 4.8M | 2.79M | 2.64M | 4.42M | 718K | 6.49M |
| Total Liabilities | 826.13M | 923.3M | 260.87M | 250.54M | 183.11M | 136.22M | 321.42M |
| Total Debt | 192.1M | 218.8M | 49.77M | 57.67M | 22.01M | 14.15M | 220.91M |
| Net Debt | -119.32M | -384.8M | 34.66M | 27.54M | -91.5M | -62.61M | 211.54M |
| Debt / Equity | 0.15x | 0.16x | 0.11x | 0.13x | 0.05x | 0.04x | 3.43x |
| Debt / EBITDA | 0.36x | 0.37x | - | 19.41x | 1.84x | - | 7.67x |
| Net Debt / EBITDA | -0.22x | -0.66x | - | 9.27x | -7.66x | - | 7.35x |
| Interest Coverage | 81.48x | 121.76x | -1.93x | -2.95x | 2.87x | -1.33x | 2.09x |
| Total Equity | 1.24B | 1.35B | 435.64M | 443.43M | 431.67M | 385.72M | 64.38M |
| Equity Growth % | 820.44% | 209.24% | -1.76% | 2.72% | 11.91% | 499.15% | - |
| Book Value per Share | 8.87 | 13.50 | 5.02 | 5.12 | 5.00 | 4.98 | 0.75 |
| Total Shareholders' Equity | 1.24B | 1.35B | 435.64M | 443.43M | 431.67M | 385.72M | 64.38M |
| Common Stock | 2K | 0 | 1K | 1K | 1K | 1K | 1K |
| Retained Earnings | 316.18M | 439.6M | -112.77M | -87.86M | -68.73M | -60.84M | -28.23M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 885.92K | 907.6M | 548.41M | 531.28M | 500.4M | 446.55M | 92.61M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Post-merger integration liquidity strain
According to recent financial filings, LUXE's total assets surged from $696.5M in 2024Q3 to $2.1B by 2025Q3, a rapid expansion that appears to be driven by the inorganic acquisition of the YNAP portfolio rather than organic growth in the underlying luxury e-commerce platform.
The dramatic increase in the asset base suggests a fundamental shift in the company's scale, yet the concurrent rise in liabilities warrants caution regarding the quality of this growth. Investors should monitor whether this expanded asset base can generate sufficient returns to justify the increased capital intensity of the post-merger entity.
As reported in the 2025Q3 balance sheet, the company maintains a current ratio of 2.33, which appears superficially healthy; however, the volatility in cash reserves—dropping from $603.6M in 2024Q4 to $311.4M in 2025Q3—suggests significant liquidity consumption during the ongoing integration of new brand assets.
While the current ratio remains above the 2.0 threshold, the rapid depletion of cash reserves indicates that the company is burning through its liquidity buffer to fund operational restructuring. This trend suggests that the company may face tightening financial flexibility if the integration process does not yield immediate cash flow improvements.
Based on the reported figures for 2025Q3, LUXE's debt-to-equity ratio stands at 0.15, which remains relatively conservative despite the recent acquisition activity, suggesting that management has thus far avoided excessive reliance on external debt to finance the transformation of the business into a multi-brand conglomerate.
The modest leverage ratio may provide a temporary cushion, but the absolute debt level has increased significantly from the $70.0M reported in 2024Q3. Analysts should investigate whether this debt is being utilized for strategic growth or if it is increasingly becoming a necessity to cover operational shortfalls during the transition.
According to the latest balance sheet data, the company's equity base has grown to $1.2B as of 2025Q3, though the accumulation of $316.2M in retained earnings appears to be heavily influenced by the anomalous accounting events noted in previous quarters rather than consistent, organic operational profitability.
The shift from negative retained earnings in 2024 to a positive balance in 2025 suggests a significant, likely non-recurring, accounting gain that masks the underlying operational losses. Investors should be wary of relying on this equity growth as a proxy for long-term value creation until the post-merger financials stabilize.
Analysis of the balance sheet reveals that goodwill remains a persistent $156.1M, which, when combined with the $229.4M in net PPE, suggests that a significant portion of the company's asset value is tied to intangible integration and physical infrastructure that may be prone to future impairment.
The reliance on goodwill and fixed assets in a high-growth, high-churn luxury environment warrants further investigation into the potential for future write-downs. If the YNAP integration fails to meet performance expectations, these assets may prove to be less valuable than currently stated on the balance sheet.
Quick answers to the most common questions about buying LUXE stock.
As of 2024, LuxExperience B.V. (LUXE) had total assets of $2.27B including $1.84B in current assets.
LuxExperience B.V. (LUXE) carries total debt of $218.8M, offset by $603.6M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
LuxExperience B.V. (LUXE) has total shareholders' equity (book value) of $1.35B ($13.50 book value per share). Book value represents the net worth of the company belonging to common stock holders.
LuxExperience B.V. (LUXE) reported a current ratio of 2.48x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.