Lazard Group is a holding company and, accordingly, depends on its subsidiaries to make distributions to Lazard Group to enable it to service its obligations under its indebtedness.
Company profile
Website
CEO
Kenneth Jacobs
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Lazard LLC
SEC CIK
Corporate docs
Subsidiaries
Lazard International Holdings, Inc. • Lazard Frères & Co. LLC • Lazard Asset Management LLC • Lazard & Co., Holdings Limited • Lazard & Co., Limited • Lazard & Co., Services Limited • Compagnie Financière Lazard Frères SAS • Lazard Frères Gestion SAS • Lazard Frères Banque SA • Maison Lazard SAS ...
Latest filings (excl ownership)
8-K
Lazard Announces Results of Cash Tender Offer of Lazard Group LLC
13 Mar 24
8-K
Lazard Announces Total Consideration
12 Mar 24
424B5
Prospectus supplement for primary offering
8 Mar 24
FWP
Free writing prospectus
6 Mar 24
424B5
Prospectus supplement for primary offering
6 Mar 24
8-K
Lazard Announces Commencement of Senior Notes Offering and Concurrent Tender Offer by Lazard Group LLC
6 Mar 24
10-K
2023 FY
Annual report
23 Feb 24
10-Q
2023 Q3
Quarterly report
27 Oct 23
10-Q
2023 Q2
Quarterly report
31 Jul 23
8-K
Entry into a Material Definitive Agreement
6 Jun 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 679.22 mm | 679.22 mm | 679.22 mm | 679.22 mm | 679.22 mm | 679.22 mm |
Cash burn (monthly) | 15.46 mm | 77.71 mm | 414.33 k | 9.10 mm | (no burn) | (no burn) |
Cash used (since last report) | 91.93 mm | 462.04 mm | 2.46 mm | 54.10 mm | n/a | n/a |
Cash remaining | 587.29 mm | 217.18 mm | 676.76 mm | 625.12 mm | n/a | n/a |
Runway (months of cash) | 38.0 | 2.8 | 1633.4 | 68.7 | n/a | n/a |