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Lok'nStore Group Balance Sheet Health
Financial Health criteria checks 5/6
Lok'nStore Group has a total shareholder equity of £230.9M and total debt of £43.5M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are £363.9M and £133.0M respectively. Lok'nStore Group's EBIT is £8.3M making its interest coverage ratio 6.8. It has cash and short-term investments of £15.0M.
Key information
18.8%
Debt to equity ratio
UK£43.51m
Debt
| Interest coverage ratio | 6.8x |
| Cash | UK£14.98m |
| Equity | UK£230.89m |
| Total liabilities | UK£132.97m |
| Total assets | UK£363.86m |
Recent financial health updates
Recent updates
Lok'nStore Group (LON:LOK) Will Pay A Larger Dividend Than Last Year At £0.1325
Nov 17
Lok'nStore Group's (LON:LOK) Upcoming Dividend Will Be Larger Than Last Year's
Nov 02Lok'nStore Group (LON:LOK) Has Announced That It Will Be Increasing Its Dividend To £0.0575
Apr 27Lok'nStore Group (LON:LOK) Will Pay A Larger Dividend Than Last Year At £0.1225
Nov 17Lok'nStore Group's (LON:LOK) Promising Earnings May Rest On Soft Foundations
Nov 08Lok'nStore Group (LON:LOK) Has Announced That It Will Be Increasing Its Dividend To £0.1225
Nov 03Lok'nStore Group (LON:LOK) Will Pay A Larger Dividend Than Last Year At UK£0.05
Apr 28Lok'nStore Group (LON:LOK) Will Pay A Larger Dividend Than Last Year At UK£0.11
Nov 04Here's Why Lok'nStore Group (LON:LOK) Has A Meaningful Debt Burden
May 04Lok'nStore Group (LON:LOK) Has Gifted Shareholders With A Fantastic 122% Total Return On Their Investment
Mar 15A Look At The Intrinsic Value Of Lok'nStore Group Plc (LON:LOK)
Feb 22Have Insiders Been Buying Lok'nStore Group Plc (LON:LOK) Shares?
Jan 18Lok'nStore Group Plc's (LON:LOK) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Dec 29
If You Had Bought Lok'nStore Group (LON:LOK) Shares Five Years Ago You'd Have Earned 62% Returns
Dec 11A Look At The Intrinsic Value Of Lok'nStore Group Plc (LON:LOK)
Nov 23Financial Position Analysis
Short Term Liabilities: LOK's short term assets (£18.6M) exceed its short term liabilities (£8.7M).
Long Term Liabilities: LOK's short term assets (£18.6M) do not cover its long term liabilities (£124.3M).
Debt to Equity History and Analysis
Debt Level: LOK's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: LOK's debt to equity ratio has reduced from 39.8% to 18.8% over the past 5 years.
Debt Coverage: LOK's debt is well covered by operating cash flow (31.7%).
Interest Coverage: LOK's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/08/02 14:49 |
| End of Day Share Price | 2024/08/02 00:00 |
| Earnings | 2024/01/31 |
| Annual Earnings | 2023/07/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lok'nStore Group Plc is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Guy Hewett | Cavendish |
| Andrew Smith | Charles Stanley Securities |
| Andrew Saunders | Edison Investment Research |