Lorne Park Capital Partners Balance Sheet Health
Financial Health criteria checks 3/6
Lorne Park Capital Partners has a total shareholder equity of CA$30.5M and total debt of CA$10.1M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are CA$51.2M and CA$20.7M respectively. Lorne Park Capital Partners's EBIT is CA$3.1M making its interest coverage ratio 2.5. It has cash and short-term investments of CA$3.6M.
Key information
33.0%
Debt to equity ratio
CA$10.08m
Debt
| Interest coverage ratio | 2.5x |
| Cash | CA$3.57m |
| Equity | CA$30.53m |
| Total liabilities | CA$20.71m |
| Total assets | CA$51.24m |
Recent financial health updates
No updates
Recent updates
Lorne Park Capital Partners (CVE:LPC) Is Due To Pay A Dividend Of CA$0.007
Apr 05
Lorne 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$7.2M) do not cover its short term liabilities (CA$10.5M).
Long Term Liabilities: LPC's short term assets (CA$7.2M) do not cover its long term liabilities (CA$10.2M).
Debt to Equity History and Analysis
Debt Level: LPC's net debt to equity ratio (21.3%) is considered satisfactory.
Reducing Debt: LPC's debt to equity ratio has reduced from 478.1% to 33% over the past 5 years.
Debt Coverage: LPC's debt is well covered by operating cash flow (43.4%).
Interest Coverage: LPC's interest payments on its debt are not well covered by EBIT (2.5x coverage).