Lynch Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Lynch Group Holdings has a total shareholder equity of A$197.2M and total debt of A$55.2M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are A$364.9M and A$167.7M respectively. Lynch Group Holdings's EBIT is A$22.0M making its interest coverage ratio 3.3. It has cash and short-term investments of A$22.9M.
Key information
28.0%
Debt to equity ratio
AU$55.15m
Debt
| Interest coverage ratio | 3.3x |
| Cash | AU$22.91m |
| Equity | AU$197.18m |
| Total liabilities | AU$167.69m |
| Total assets | AU$364.86m |
Recent financial health updates
Recent updates
Is Lynch Group Holdings (ASX:LGL) A Risky Investment?
Apr 26
Returns On Capital At Lynch Group Holdings (ASX:LGL) Have Hit The Brakes
Nov 28Lynch Group Holdings' (ASX:LGL) Upcoming Dividend Will Be Larger Than Last Year's
Aug 25Lynch Group Holdings Limited (ASX:LGL) Stock Rockets 48% But Many Are Still Ignoring The Company
Jun 20Be Wary Of Lynch Group Holdings (ASX:LGL) And Its Returns On Capital
Apr 05Lynch Group Holdings' (ASX:LGL) Profits Appear To Have Quality Issues
Sep 01Financial Position Analysis
Short Term Liabilities: LGL's short term assets (A$77.1M) exceed its short term liabilities (A$70.8M).
Long Term Liabilities: LGL's short term assets (A$77.1M) do not cover its long term liabilities (A$96.9M).
Debt to Equity History and Analysis
Debt Level: LGL's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LGL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LGL's debt is well covered by operating cash flow (68.2%).
Interest Coverage: LGL's interest payments on its debt are well covered by EBIT (3.3x coverage).