LBG Media Balance Sheet Health
Financial Health criteria checks 6/6
LBG Media has a total shareholder equity of £65.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £91.3M and £26.2M respectively. LBG Media's EBIT is £10.1M making its interest coverage ratio 57. It has cash and short-term investments of £15.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 57x |
| Cash | UK£15.80m |
| Equity | UK£65.15m |
| Total liabilities | UK£26.18m |
| Total assets | UK£91.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LBG's short term assets (£44.7M) exceed its short term liabilities (£15.7M).
Long Term Liabilities: LBG's short term assets (£44.7M) exceed its long term liabilities (£10.5M).
Debt to Equity History and Analysis
Debt Level: LBG is debt free.
Reducing Debt: LBG has no debt compared to 5 years ago when its debt to equity ratio was 50.7%.
Debt Coverage: LBG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LBG has no debt, therefore coverage of interest payments is not a concern.