Lorne Park Capital Partners Balance Sheet Health
Financial Health criteria checks 4/6
Lorne Park Capital Partners has a total shareholder equity of CA$30.0M and total debt of CA$9.6M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are CA$49.3M and CA$19.3M respectively. Lorne Park Capital Partners's EBIT is CA$3.4M making its interest coverage ratio 2.2. It has cash and short-term investments of CA$3.8M.
Key information
32.0%
Debt to equity ratio
CA$9.61m
Debt
| Interest coverage ratio | 2.2x |
| Cash | CA$3.85m |
| Equity | CA$30.03m |
| Total liabilities | CA$19.29m |
| Total assets | CA$49.32m |
Recent financial health updates
No updates
Recent updates
Lorne Park Capital Partners (CVE:LPC) Will Pay A Dividend Of CA$0.008
Oct 10
Lorne Park Capital Partners Inc. (CVE:LPC) Investors Are Less Pessimistic Than Expected
Oct 09Lorne Park Capital Partners Inc.'s (CVE:LPC) P/E Is On The Mark
Jun 13Lorne Park Capital Partners (CVE:LPC) Is Due To Pay A Dividend Of CA$0.007
Apr 05Lorne Park Capital Partners (CVE:LPC) Is Due To Pay A Dividend Of CA$0.007
Jan 05Lorne Park Capital Partners Inc.'s (CVE:LPC) P/E Is On The Mark
Dec 30Lorne Park Capital Partners (CVE:LPC) Has Affirmed Its Dividend Of CA$0.007
Oct 10Lorne Park Capital Partners (CVE:LPC) Has Announced A Dividend Of CA$0.007
Apr 07Is Now The Time To Put Lorne Park Capital Partners (CVE:LPC) On Your Watchlist?
Nov 25Lorne Park Capital Partners' (CVE:LPC) Dividend Will Be Increased To CA$0.006
Oct 07Do Lorne Park Capital Partners' (CVE:LPC) Earnings Warrant Your Attention?
Aug 11Lorne Park Capital Partners (CVE:LPC) Is Increasing Its Dividend To CA$0.006
Jul 09Lorne Park Capital Partners (CVE:LPC) Is Paying Out A Larger Dividend Than Last Year
Apr 08Here's Why I Think Lorne Park Capital Partners (CVE:LPC) Might Deserve Your Attention Today
Feb 09With EPS Growth And More, Lorne Park Capital Partners (CVE:LPC) Is Interesting
Oct 09Is Lorne Park Capital Partners Inc. (CVE:LPC) A Smart Choice For Dividend Investors?
May 04A Quick Analysis On Lorne Park Capital Partners' (CVE:LPC) CEO Compensation
Dec 02Financial Position Analysis
Short Term Liabilities: LPC's short term assets (CA$8.0M) exceed its short term liabilities (CA$5.8M).
Long Term Liabilities: LPC's short term assets (CA$8.0M) do not cover its long term liabilities (CA$13.5M).
Debt to Equity History and Analysis
Debt Level: LPC's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: LPC's debt to equity ratio has reduced from 56.7% to 32% over the past 5 years.
Debt Coverage: LPC's debt is well covered by operating cash flow (55.7%).
Interest Coverage: LPC's interest payments on its debt are not well covered by EBIT (2.2x coverage).