Lasco Distributors Balance Sheet Health
Financial Health criteria checks 6/6
Lasco Distributors has a total shareholder equity of JMD9.9B and total debt of JMD381.5M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are JMD15.7B and JMD5.8B respectively. Lasco Distributors's EBIT is JMD1.7B making its interest coverage ratio -29.5. It has cash and short-term investments of JMD2.8B.
Key information
3.9%
Debt to equity ratio
JA$381.48m
Debt
| Interest coverage ratio | -29.5x |
| Cash | JA$2.84b |
| Equity | JA$9.87b |
| Total liabilities | JA$5.78b |
| Total assets | JA$15.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LASD's short term assets (JMD12.6B) exceed its short term liabilities (JMD5.3B).
Long Term Liabilities: LASD's short term assets (JMD12.6B) exceed its long term liabilities (JMD430.2M).
Debt to Equity History and Analysis
Debt Level: LASD has more cash than its total debt.
Reducing Debt: LASD's debt to equity ratio has reduced from 5.5% to 3.9% over the past 5 years.
Debt Coverage: LASD's debt is well covered by operating cash flow (61.4%).
Interest Coverage: LASD earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 11:09 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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Industry and Sector Metrics
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Analyst Sources
Lasco Distributors Limited is covered by 0 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 |
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