Litigation Capital Management Limited

AIM:LIT Stock Report

Market Cap: UK£127.8m

Litigation Capital Management Balance Sheet Health

Financial Health criteria checks 5/6

Litigation Capital Management has a total shareholder equity of A$185.4M and total debt of A$59.8M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are A$541.1M and A$355.7M respectively. Litigation Capital Management's EBIT is A$203.1M making its interest coverage ratio 22.8. It has cash and short-term investments of A$478.7M.

Key information

32.3%

Debt to equity ratio

AU$59.78m

Debt

Interest coverage ratio22.8x
CashAU$478.71m
EquityAU$185.36m
Total liabilitiesAU$355.69m
Total assetsAU$541.05m

Recent financial health updates

No updates

Recent updates

Should You Be Adding Litigation Capital Management (LON:LIT) To Your Watchlist Today?

Mar 28
Should You Be Adding Litigation Capital Management (LON:LIT) To Your Watchlist Today?

We Ran A Stock Scan For Earnings Growth And Litigation Capital Management (LON:LIT) Passed With Ease

Sep 29
We Ran A Stock Scan For Earnings Growth And Litigation Capital Management (LON:LIT) Passed With Ease

It's Unlikely That Litigation Capital Management Limited's (LON:LIT) CEO Will See A Huge Pay Rise This Year

Nov 10
It's Unlikely That Litigation Capital Management Limited's (LON:LIT) CEO Will See A Huge Pay Rise This Year

Litigation Capital Management Limited's (LON:LIT) 26% Jump Shows Its Popularity With Investors

Jan 19
Litigation Capital Management Limited's (LON:LIT) 26% Jump Shows Its Popularity With Investors

Would Shareholders Who Purchased Litigation Capital Management's (LON:LIT) Stock Year Be Happy With The Share price Today?

Dec 22
Would Shareholders Who Purchased Litigation Capital Management's (LON:LIT) Stock Year Be Happy With The Share price Today?

Financial Position Analysis

Short Term Liabilities: LIT's short term assets (A$500.0M) exceed its short term liabilities (A$13.8M).

Long Term Liabilities: LIT's short term assets (A$500.0M) exceed its long term liabilities (A$341.9M).


Debt to Equity History and Analysis

Debt Level: LIT has more cash than its total debt.

Reducing Debt: LIT's debt to equity ratio has increased from 0% to 32.3% over the past 5 years.

Debt Coverage: LIT's debt is well covered by operating cash flow (265.2%).

Interest Coverage: LIT's interest payments on its debt are well covered by EBIT (22.8x coverage).


Balance Sheet


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