Learning Technologies Group Balance Sheet Health
Financial Health criteria checks 5/6
Learning Technologies Group has a total shareholder equity of £443.7M and total debt of £136.0M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are £724.4M and £280.7M respectively. Learning Technologies Group's EBIT is £77.5M making its interest coverage ratio 7.3. It has cash and short-term investments of £78.5M.
Key information
30.7%
Debt to equity ratio
UK£136.03m
Debt
| Interest coverage ratio | 7.3x |
| Cash | UK£78.50m |
| Equity | UK£443.74m |
| Total liabilities | UK£280.70m |
| Total assets | UK£724.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTG's short term assets (£246.2M) exceed its short term liabilities (£163.4M).
Long Term Liabilities: LTG's short term assets (£246.2M) exceed its long term liabilities (£117.3M).
Debt to Equity History and Analysis
Debt Level: LTG's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: LTG's debt to equity ratio has increased from 20.2% to 30.7% over the past 5 years.
Debt Coverage: LTG's debt is well covered by operating cash flow (58.8%).
Interest Coverage: LTG's interest payments on its debt are well covered by EBIT (7.3x coverage).