L&P Global Berhad Balance Sheet Health
Financial Health criteria checks 5/6
L&P Global Berhad has a total shareholder equity of MYR100.6M and total debt of MYR29.1M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are MYR143.6M and MYR43.0M respectively. L&P Global Berhad's EBIT is MYR26.8M making its interest coverage ratio 15.3. It has cash and short-term investments of MYR40.2M.
Key information
28.9%
Debt to equity ratio
RM29.07m
Debt
| Interest coverage ratio | 15.3x |
| Cash | RM40.21m |
| Equity | RM100.58m |
| Total liabilities | RM43.05m |
| Total assets | RM143.63m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: L&PBHD's short term assets (MYR89.2M) exceed its short term liabilities (MYR11.6M).
Long Term Liabilities: L&PBHD's short term assets (MYR89.2M) exceed its long term liabilities (MYR31.4M).
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 (94.7%).
Interest Coverage: L&PBHD's interest payments on its debt are well covered by EBIT (15.3x coverage).