Letlole La Rona Balance Sheet Health
Financial Health criteria checks 2/6
Letlole La Rona has a total shareholder equity of BWP1.1B and total debt of BWP704.6M, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are BWP2.0B and BWP910.1M respectively. Letlole La Rona's EBIT is BWP27.5M making its interest coverage ratio 0.7. It has cash and short-term investments of BWP24.6M.
Key information
62.8%
Debt to equity ratio
P704.64m
Debt
| Interest coverage ratio | 0.7x |
| Cash | P24.59m |
| Equity | P1.12b |
| Total liabilities | P910.10m |
| Total assets | P2.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LLR-EQU's short term assets (BWP141.5M) exceed its short term liabilities (BWP61.9M).
Long Term Liabilities: LLR-EQU's short term assets (BWP141.5M) do not cover its long term liabilities (BWP848.2M).
Debt to Equity History and Analysis
Debt Level: LLR-EQU's net debt to equity ratio (60.6%) is considered high.
Reducing Debt: LLR-EQU's debt to equity ratio has increased from 31.8% to 62.8% over the past 5 years.
Debt Coverage: LLR-EQU's debt is well covered by operating cash flow (27.7%).
Interest Coverage: LLR-EQU's interest payments on its debt are not well covered by EBIT (0.7x coverage).