Logicom Balance Sheet Health
Financial Health criteria checks 5/6
Logicom has a total shareholder equity of €294.5M and total debt of €169.9M, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are €669.2M and €374.6M respectively. Logicom's EBIT is €40.2M making its interest coverage ratio 3.1. It has cash and short-term investments of €5.1M.
Key information
57.7%
Debt to equity ratio
€169.91m
Debt
| Interest coverage ratio | 3.1x |
| Cash | €5.09m |
| Equity | €294.54m |
| Total liabilities | €374.65m |
| Total assets | €669.19m |
Recent financial health updates
Logicom (CSE:LOG) Seems To Use Debt Quite Sensibly
Aug 24
Here's Why Logicom (CSE:LOG) Can Manage Its Debt Responsibly
Jan 22
Recent updates
Logicom's (CSE:LOG) Dividend Will Be €0.09
Jun 15Logicom (CSE:LOG) Is Paying Out A Dividend Of €0.09
May 26Logicom Public Limited (CSE:LOG) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
May 25Logicom (CSE:LOG) Has Announced A Dividend Of €0.09
Apr 24Logicom (CSE:LOG) Seems To Use Debt Quite Sensibly
Aug 24Logicom's (CSE:LOG) Dividend Will Be €0.085
Apr 30Logicom (CSE:LOG) Is Due To Pay A Dividend Of €0.08
Jun 20Logicom (CSE:LOG) Has Announced A Dividend Of €0.08
Jun 06Logicom (CSE:LOG) Has Announced A Dividend Of €0.08
May 23Logicom (CSE:LOG) Has Affirmed Its Dividend Of €0.08
May 05Investors Can Find Comfort In Logicom's (CSE:LOG) Earnings Quality
Apr 24Should You Be Impressed By Logicom's (CSE:LOG) Returns on Capital?
Mar 03Here's Why Logicom (CSE:LOG) Can Manage Its Debt Responsibly
Jan 22What Does Logicom's (CSE:LOG) CEO Pay Reveal?
Dec 29Is Logicom Public Limited (CSE:LOG) Popular Amongst Institutions?
Dec 11Financial Position Analysis
Short Term Liabilities: LOG's short term assets (€454.2M) exceed its short term liabilities (€347.9M).
Long Term Liabilities: LOG's short term assets (€454.2M) exceed its long term liabilities (€26.8M).
Debt to Equity History and Analysis
Debt Level: LOG's net debt to equity ratio (56%) is considered high.
Reducing Debt: LOG's debt to equity ratio has reduced from 140% to 57.7% over the past 5 years.
Debt Coverage: LOG's debt is well covered by operating cash flow (23.9%).
Interest Coverage: LOG's interest payments on its debt are well covered by EBIT (3.1x coverage).