L&P Global Berhad Balance Sheet Health
Financial Health criteria checks 5/6
L&P Global Berhad has a total shareholder equity of MYR101.9M and total debt of MYR27.6M, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are MYR144.9M and MYR43.0M respectively. L&P Global Berhad's EBIT is MYR20.1M making its interest coverage ratio 9.7. It has cash and short-term investments of MYR54.7M.
Key information
27.1%
Debt to equity ratio
RM 27.62m
Debt
| Interest coverage ratio | 9.7x |
| Cash | RM 54.67m |
| Equity | RM 101.90m |
| Total liabilities | RM 42.99m |
| Total assets | RM 144.89m |
Recent financial health updates
Recent updates
L&P Global Berhad (KLSE:L&PBHD) Will Be Hoping To Turn Its Returns On Capital Around
Nov 20
L&P Global Berhad (KLSE:L&PBHD) Might Be Having Difficulty Using Its Capital Effectively
Jul 12Does L&P Global Berhad (KLSE:L&PBHD) Have A Healthy Balance Sheet?
May 07L&P Global Berhad (KLSE:L&PBHD) Not Flying Under The Radar
Apr 04Financial Position Analysis
Short Term Liabilities: L&PBHD's short term assets (MYR91.5M) exceed its short term liabilities (MYR14.2M).
Long Term Liabilities: L&PBHD's short term assets (MYR91.5M) exceed its long term liabilities (MYR28.8M).
Debt to Equity History and Analysis
Debt Level: L&PBHD has more cash than its total debt.
Reducing Debt: Insufficient data to determine if L&PBHD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: L&PBHD's debt is well covered by operating cash flow (136.1%).
Interest Coverage: L&PBHD's interest payments on its debt are well covered by EBIT (9.7x coverage).