Latitude Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Latitude Group Holdings has a total shareholder equity of A$1.2B and total debt of A$5.9B, which brings its debt-to-equity ratio to 478.1%. Its total assets and total liabilities are A$7.4B and A$6.2B respectively.
Key information
478.1%
Debt to equity ratio
AU$5.88b
Debt
| Interest coverage ratio | n/a |
| Cash | AU$240.20m |
| Equity | AU$1.23b |
| Total liabilities | AU$6.19b |
| Total assets | AU$7.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFS's short term assets (A$6.4B) exceed its short term liabilities (A$3.0B).
Long Term Liabilities: LFS's short term assets (A$6.4B) exceed its long term liabilities (A$3.2B).
Debt to Equity History and Analysis
Debt Level: LFS's net debt to equity ratio (458.5%) is considered high.
Reducing Debt: LFS's debt to equity ratio has reduced from 2010.2% to 478.1% over the past 5 years.
Debt Coverage: LFS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LFS's interest payments on its debt are well covered by EBIT.