Locality Planning Energy Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Locality Planning Energy Holdings has a total shareholder equity of A$10.9M and total debt of A$3.9M, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are A$22.5M and A$11.6M respectively. Locality Planning Energy Holdings's EBIT is A$1.7M making its interest coverage ratio -3.1. It has cash and short-term investments of A$9.7M.
Key information
36.1%
Debt to equity ratio
AU$3.94m
Debt
| Interest coverage ratio | -3.1x |
| Cash | AU$9.71m |
| Equity | AU$10.90m |
| Total liabilities | AU$11.63m |
| Total assets | AU$22.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPE's short term assets (A$17.7M) exceed its short term liabilities (A$8.1M).
Long Term Liabilities: LPE's short term assets (A$17.7M) exceed its long term liabilities (A$3.5M).
Debt to Equity History and Analysis
Debt Level: LPE has more cash than its total debt.
Reducing Debt: LPE's debt to equity ratio has reduced from 115.7% to 36.1% over the past 5 years.
Debt Coverage: LPE's debt is well covered by operating cash flow (185.5%).
Interest Coverage: LPE earns more interest than it pays, so coverage of interest payments is not a concern.