Learning Technologies Group Balance Sheet Health
Financial Health criteria checks 5/6
Learning Technologies Group has a total shareholder equity of £427.2M and total debt of £151.1M, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are £747.7M and £320.5M respectively. Learning Technologies Group's EBIT is £64.1M making its interest coverage ratio 4.9. It has cash and short-term investments of £72.5M.
Key information
35.4%
Debt to equity ratio
UK£151.08m
Debt
Interest coverage ratio | 4.9x |
Cash | UK£72.52m |
Equity | UK£427.23m |
Total liabilities | UK£320.48m |
Total assets | UK£747.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTG's short term assets (£237.4M) exceed its short term liabilities (£185.1M).
Long Term Liabilities: LTG's short term assets (£237.4M) exceed its long term liabilities (£135.4M).
Debt to Equity History and Analysis
Debt Level: LTG's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: LTG's debt to equity ratio has increased from 22.7% to 35.4% over the past 5 years.
Debt Coverage: LTG's debt is well covered by operating cash flow (52.6%).
Interest Coverage: LTG's interest payments on its debt are well covered by EBIT (4.9x coverage).