Logistec Balance Sheet Health
Financial Health criteria checks 2/6
Logistec has a total shareholder equity of CA$362.8M and total debt of CA$401.0M, which brings its debt-to-equity ratio to 110.5%. Its total assets and total liabilities are CA$1.2B and CA$826.2M respectively. Logistec's EBIT is CA$19.5M making its interest coverage ratio 0.7. It has cash and short-term investments of CA$23.7M.
Key information
110.5%
Debt to equity ratio
CA$401.01m
Debt
| Interest coverage ratio | 0.7x |
| Cash | CA$23.74m |
| Equity | CA$362.83m |
| Total liabilities | CA$826.20m |
| Total assets | CA$1.19b |
Recent financial health updates
Here's Why Logistec (TSE:LGT.B) Can Manage Its Debt Responsibly
May 24
We Think Logistec (TSE:LGT.B) Can Stay On Top Of Its Debt
Mar 09These 4 Measures Indicate That Logistec (TSE:LGT.B) Is Using Debt Reasonably Well
Dec 07
Recent updates
Estimating The Intrinsic Value Of Logistec Corporation (TSE:LGT.B)
Jun 16Here's Why Logistec (TSE:LGT.B) Can Manage Its Debt Responsibly
May 24Logistec (TSE:LGT.B) Is Increasing Its Dividend To CA$0.1296
Sep 16Logistec's (TSE:LGT.B) Upcoming Dividend Will Be Larger Than Last Year's
Aug 11Logistec (TSE:LGT.B) Has Re-Affirmed Its Dividend Of CA$0.11
May 14Logistec (TSE:LGT.B) Has Announced A Dividend Of CA$0.11
Mar 24Logistec (TSE:LGT.B) Has Announced A Dividend Of CA$0.11
Dec 13Logistec's (TSE:LGT.B) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 09Logistec (TSE:LGT.B) Will Pay A Larger Dividend Than Last Year At CA$0.11
Aug 10Returns On Capital Signal Tricky Times Ahead For Logistec (TSE:LGT.B)
May 27Here's Why I Think Logistec (TSE:LGT.B) Might Deserve Your Attention Today
May 11Shareholders May Be More Conservative With Logistec Corporation's (TSE:LGT.B) CEO Compensation For Now
Apr 28We Think Logistec (TSE:LGT.B) Can Stay On Top Of Its Debt
Mar 09The Returns At Logistec (TSE:LGT.B) Provide Us With Signs Of What's To Come
Feb 22Do Logistec's (TSE:LGT.B) Earnings Warrant Your Attention?
Feb 05Would Logistec Corporation (TSE:LGT.B) Be Valuable To Income Investors?
Jan 21What Kind Of Investors Own Most Of Logistec Corporation (TSE:LGT.B)?
Jan 05Logistec's (TSE:LGT.B) Stock Price Has Reduced 11% In The Past Three Years
Dec 21These 4 Measures Indicate That Logistec (TSE:LGT.B) Is Using Debt Reasonably Well
Dec 07Financial Position Analysis
Short Term Liabilities: LGT.B's short term assets (CA$324.7M) exceed its short term liabilities (CA$217.8M).
Long Term Liabilities: LGT.B's short term assets (CA$324.7M) do not cover its long term liabilities (CA$608.4M).
Debt to Equity History and Analysis
Debt Level: LGT.B's net debt to equity ratio (104%) is considered high.
Reducing Debt: LGT.B's debt to equity ratio has increased from 68.8% to 110.5% over the past 5 years.
Debt Coverage: LGT.B's debt is well covered by operating cash flow (41.4%).
Interest Coverage: LGT.B's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/10 06:14 |
| End of Day Share Price | 2024/01/09 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Logistec Corporation is covered by 2 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lelio Lato | iA Capital Markets |
| David West | Salman Partners Inc. |