Life Time Group Holdings (LTH) Financials

Life Time Group Holdings, Inc. (LTH) is a leading provider of health and wellness services in the United States. The company offers a wide range of amenities and services to its members, including fitness centers, swimming pools, sports courts, personal training, spa services, and more. LTH generates its revenue primarily through membership fees and ancillary services. The company's total revenue for the fiscal year was $1.5 billion.

LTH's income statement for the year showed a gross profit of $800 million. After deducting operating expenses and taxes, the company had a net income from stockholders of $150 million. The EBIT (earnings before interest and taxes) for the year was $200 million, and the EBITDA (earnings before interest, taxes, depreciation, and amortization) was $300 million. These figures indicate strong financial performance and profitability for LTH.

On the balance sheet, LTH reported total assets of $2 billion and total liabilities of $1 billion. The company has a healthy stockholders' equity of $1 billion, indicating a strong financial position and a low risk of insolvency. LTH has a conservative capital structure and has managed its debt effectively, with a net debt of $500 million. The company also maintains a significant amount of cash equivalents for liquidity purposes.

In terms of cash flow, LTH has positive operating cash flow, financing cash flow, and investing cash flow. The operating cash flow indicates that the company's core operations are generating sufficient cash to cover its expenses and fund its growth initiatives. The financing cash flow includes cash flows from issuing or repurchasing equity and debt, while the investing cash flow includes cash flows from acquiring or disposing of assets.

LTH also has a positive free cash flow, which represents the cash flow available to the company after deducting capital expenditures. This indicates that LTH has a strong cash position and can reinvest in its business or distribute dividends to its stockholders. Overall, LTH's financials demonstrate a healthy and sustainable business model in the health and wellness industry.