London & Associated Properties Balance Sheet Health
Financial Health criteria checks 5/6
London & Associated Properties has a total shareholder equity of £51.2M and total debt of £25.1M, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are £103.2M and £52.0M respectively. London & Associated Properties's EBIT is £6.3M making its interest coverage ratio 2.1. It has cash and short-term investments of £5.0M.
Key information
49.2%
Debt to equity ratio
UK£25.15m
Debt
| Interest coverage ratio | 2.1x |
| Cash | UK£5.05m |
| Equity | UK£51.16m |
| Total liabilities | UK£52.02m |
| Total assets | UK£103.18m |
Recent financial health updates
Does London & Associated Properties (LON:LAS) Have A Healthy Balance Sheet?
Sep 01
Is London & Associated Properties (LON:LAS) Using Too Much Debt?
May 03These 4 Measures Indicate That London & Associated Properties (LON:LAS) Is Using Debt Extensively
Oct 11Here's Why London & Associated Properties (LON:LAS) Has A Meaningful Debt Burden
Sep 02Is London & Associated Properties (LON:LAS) Weighed On By Its Debt Load?
Sep 30London & Associated Properties (LON:LAS) Has Debt But No Earnings; Should You Worry?
May 09Recent updates
Does London & Associated Properties (LON:LAS) Have A Healthy Balance Sheet?
Sep 01Is London & Associated Properties (LON:LAS) Using Too Much Debt?
May 03These 4 Measures Indicate That London & Associated Properties (LON:LAS) Is Using Debt Extensively
Oct 11Statutory Profit Doesn't Reflect How Good London & Associated Properties' (LON:LAS) Earnings Are
May 06Here's Why London & Associated Properties (LON:LAS) Has A Meaningful Debt Burden
Sep 02Calculating The Fair Value Of London & Associated Properties PLC (LON:LAS)
Dec 21Is London & Associated Properties (LON:LAS) Weighed On By Its Debt Load?
Sep 30We Discuss Why London & Associated Properties PLC's (LON:LAS) CEO Compensation May Be Closely Reviewed
Jun 09London & Associated Properties (LON:LAS) Has Debt But No Earnings; Should You Worry?
May 09London & Associated Properties (LON:LAS) Has Debt But No Earnings; Should You Worry?
Dec 17
Financial Position Analysis
Short Term Liabilities: LAS's short term assets (£28.0M) do not cover its short term liabilities (£34.8M).
Long Term Liabilities: LAS's short term assets (£28.0M) exceed its long term liabilities (£17.2M).
Debt to Equity History and Analysis
Debt Level: LAS's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: LAS's debt to equity ratio has reduced from 107.1% to 49.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable LAS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LAS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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
London & Associated Properties Plc is covered by 1 analysts. 0 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 |
|---|---|
| Charlie Philip Foster | Oriel Securities Ltd. |