LPA Group Balance Sheet Health
Financial Health criteria checks 5/6
LPA Group has a total shareholder equity of £16.2M and total debt of £2.5M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are £25.0M and £8.9M respectively. LPA Group's EBIT is £243.0K making its interest coverage ratio 1.6. It has cash and short-term investments of £1.5M.
Key information
15.5%
Debt to equity ratio
UK£2.50m
Debt
| Interest coverage ratio | 1.6x |
| Cash | UK£1.46m |
| Equity | UK£16.15m |
| Total liabilities | UK£8.90m |
| Total assets | UK£25.05m |
Recent financial health updates
Recent updates
LPA Group's (LON:LPA) Shareholders Have More To Worry About Than Only Soft Earnings
Feb 01
LPA Group (LON:LPA) Could Be Struggling To Allocate Capital
Oct 06Returns On Capital At LPA Group (LON:LPA) Paint A Concerning Picture
Jun 10LPA Group's (LON:LPA) Earnings Are Of Questionable Quality
Feb 10LPA Group (LON:LPA) Might Be Having Difficulty Using Its Capital Effectively
Jan 05Estimating The Intrinsic Value Of LPA Group Plc (LON:LPA)
Nov 09There Are Reasons To Feel Uneasy About LPA Group's (LON:LPA) Returns On Capital
Oct 06Is LPA Group (LON:LPA) Using Too Much Debt?
Jan 28The Returns At LPA Group (LON:LPA) Provide Us With Signs Of What's To Come
Dec 02Financial Position Analysis
Short Term Liabilities: LPA's short term assets (£12.0M) exceed its short term liabilities (£6.1M).
Long Term Liabilities: LPA's short term assets (£12.0M) exceed its long term liabilities (£2.8M).
Debt to Equity History and Analysis
Debt Level: LPA's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: LPA's debt to equity ratio has reduced from 17.6% to 15.5% over the past 5 years.
Debt Coverage: LPA's debt is well covered by operating cash flow (43.6%).
Interest Coverage: LPA's interest payments on its debt are not well covered by EBIT (1.6x coverage).