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 ratio | 22.8x |
Cash | AU$478.71m |
Equity | AU$185.36m |
Total liabilities | AU$355.69m |
Total assets | AU$541.05m |
Recent financial health updates
No updates
Recent updates
Should You Be Adding Litigation Capital Management (LON:LIT) To Your Watchlist Today?
Mar 28We Ran A Stock Scan For Earnings Growth And Litigation Capital Management (LON:LIT) Passed With Ease
Sep 29It's Unlikely That Litigation Capital Management Limited's (LON:LIT) CEO Will See A Huge Pay Rise This Year
Nov 10Litigation Capital Management Limited's (LON:LIT) 26% Jump Shows Its Popularity With Investors
Jan 19Would Shareholders Who Purchased Litigation Capital Management's (LON:LIT) Stock Year Be Happy With The Share price Today?
Dec 22Financial 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).