Letlole La Rona Balance Sheet Health
Financial Health criteria checks 2/6
Letlole La Rona has a total shareholder equity of BWP1.2B and total debt of BWP730.8M, which brings its debt-to-equity ratio to 60.4%. Its total assets and total liabilities are BWP2.1B and BWP924.2M respectively. Letlole La Rona's EBIT is BWP81.1M making its interest coverage ratio 3.4. It has cash and short-term investments of BWP94.1M.
Key information
60.4%
Debt to equity ratio
P730.76m
Debt
Interest coverage ratio | 3.4x |
Cash | P94.13m |
Equity | P1.21b |
Total liabilities | P924.18m |
Total assets | P2.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LETLOLE's short term assets (BWP156.9M) exceed its short term liabilities (BWP67.4M).
Long Term Liabilities: LETLOLE's short term assets (BWP156.9M) do not cover its long term liabilities (BWP856.8M).
Debt to Equity History and Analysis
Debt Level: LETLOLE's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: LETLOLE's debt to equity ratio has increased from 31.2% to 60.4% over the past 5 years.
Debt Coverage: LETLOLE's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: LETLOLE's interest payments on its debt are well covered by EBIT (3.4x coverage).