LBG Media Balance Sheet Health
Financial Health criteria checks 6/6
LBG Media has a total shareholder equity of £70.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £100.5M and £30.0M respectively. LBG Media's EBIT is £17.8M making its interest coverage ratio 227.8. It has cash and short-term investments of £26.6M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 227.8x |
| Cash | UK£26.58m |
| Equity | UK£70.48m |
| Total liabilities | UK£30.04m |
| Total assets | UK£100.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S83's short term assets (£54.5M) exceed its short term liabilities (£22.4M).
Long Term Liabilities: S83's short term assets (£54.5M) exceed its long term liabilities (£7.6M).
Debt to Equity History and Analysis
Debt Level: S83 is debt free.
Reducing Debt: S83 has no debt compared to 5 years ago when its debt to equity ratio was 65.4%.
Debt Coverage: S83 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: S83 has no debt, therefore coverage of interest payments is not a concern.