James Latham Balance Sheet Health
Financial Health criteria checks 6/6
James Latham has a total shareholder equity of £215.2M and total debt of £592.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are £269.7M and £54.5M respectively. James Latham's EBIT is £26.9M making its interest coverage ratio -8. It has cash and short-term investments of £75.9M.
Key information
0.3%
Debt to equity ratio
UK£592.00k
Debt
| Interest coverage ratio | -8x |
| Cash | UK£75.88m |
| Equity | UK£215.23m |
| Total liabilities | UK£54.47m |
| Total assets | UK£269.70m |
Recent financial health updates
No updates
Recent updates
James Latham's (LON:LTHM) Upcoming Dividend Will Be Larger Than Last Year's
Jul 22
James Latham (LON:LTHM) Is Due To Pay A Dividend Of £0.0775
Dec 11James Latham (LON:LTHM) Is Increasing Its Dividend To £0.0725
Dec 04With EPS Growth And More, James Latham (LON:LTHM) Makes An Interesting Case
Nov 05James Latham (LON:LTHM) Is Increasing Its Dividend To £0.27
Jul 29James Latham (LON:LTHM) Is Increasing Its Dividend To £0.27
Jul 15James Latham's (LON:LTHM) Promising Earnings May Rest On Soft Foundations
Dec 02Slowing Rates Of Return At James Latham (LON:LTHM) Leave Little Room For Excitement
Oct 02James Latham (LON:LTHM) Will Pay A Larger Dividend Than Last Year At UK£0.15
Jun 28Estimating The Fair Value Of James Latham plc (LON:LTHM)
Jun 27Be Wary Of James Latham (LON:LTHM) And Its Returns On Capital
May 26Is It Worth Buying James Latham plc (LON:LTHM) For Its 1.6% Dividend Yield?
Apr 17Should James Latham (LON:LTHM) Be Disappointed With Their 29% Profit?
Mar 12Will James Latham (LON:LTHM) Multiply In Value Going Forward?
Feb 22Could The James Latham plc (LON:LTHM) Ownership Structure Tell Us Something Useful?
Feb 01Should You Buy James Latham plc (LON:LTHM) For Its Upcoming Dividend?
Dec 27
James Latham plc's (LON:LTHM) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Dec 14The Trends At James Latham (LON:LTHM) That You Should Know About
Nov 23Financial Position Analysis
Short Term Liabilities: LTHM's short term assets (£202.3M) exceed its short term liabilities (£37.2M).
Long Term Liabilities: LTHM's short term assets (£202.3M) exceed its long term liabilities (£17.2M).
Debt to Equity History and Analysis
Debt Level: LTHM has more cash than its total debt.
Reducing Debt: LTHM's debt to equity ratio has reduced from 0.6% to 0.3% over the past 5 years.
Debt Coverage: LTHM's debt is well covered by operating cash flow (3981.8%).
Interest Coverage: LTHM earns more interest than it pays, so coverage of interest payments is not a concern.