London Finance & Investment Group Balance Sheet Health
Financial Health criteria checks 6/6
London Finance & Investment Group has a total shareholder equity of £22.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £23.5M and £1.4M respectively. London Finance & Investment Group's EBIT is £822.0K making its interest coverage ratio 411. It has cash and short-term investments of £16.9M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 411x |
| Cash | UK£16.95m |
| Equity | UK£22.10m |
| Total liabilities | UK£1.38m |
| Total assets | UK£23.48m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LFI's short term assets (£17.1M) exceed its short term liabilities (£360.0K).
Long Term Liabilities: LFI's short term assets (£17.1M) exceed its long term liabilities (£1.0M).
Debt to Equity History and Analysis
Debt Level: LFI is debt free.
Reducing Debt: LFI has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.
Debt Coverage: LFI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LFI has no debt, therefore coverage of interest payments is not a concern.