Law Debenture Balance Sheet Health
Financial Health criteria checks 4/6
Law Debenture has a total shareholder equity of £854.2M and total debt of £163.9M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are £1.1B and £208.4M respectively. Law Debenture's EBIT is £83.6M making its interest coverage ratio 12.3. It has cash and short-term investments of £31.4M.
Key information
19.2%
Debt to equity ratio
UK£163.89m
Debt
Interest coverage ratio | 12.3x |
Cash | UK£31.44m |
Equity | UK£854.23m |
Total liabilities | UK£208.41m |
Total assets | UK£1.06b |
Recent financial health updates
No updates
Recent updates
Law Debenture (LON:LWDB) Is Paying Out A Dividend Of £0.0875
Mar 03Law Debenture (LON:LWDB) Will Pay A Dividend Of £0.0725
Dec 18Law Debenture (LON:LWDB) Is Due To Pay A Dividend Of £0.0725
Oct 02Law Debenture (LON:LWDB) Is Paying Out A Larger Dividend Than Last Year
Feb 27What Kind Of Shareholders Own The Law Debenture Corporation p.l.c. (LON:LWDB)?
Mar 01Did The Law Debenture Corporation p.l.c. (LON:LWDB) Insiders Buy Up More Shares?
Jan 08Financial Position Analysis
Short Term Liabilities: LWDB's short term assets (£61.5M) exceed its short term liabilities (£35.6M).
Long Term Liabilities: LWDB's short term assets (£61.5M) do not cover its long term liabilities (£172.8M).
Debt to Equity History and Analysis
Debt Level: LWDB's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: LWDB's debt to equity ratio has increased from 17% to 19.2% over the past 5 years.
Debt Coverage: LWDB's debt is well covered by operating cash flow (27%).
Interest Coverage: LWDB's interest payments on its debt are well covered by EBIT (12.3x coverage).