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 MYR28.6M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are MYR146.5M and MYR45.9M respectively. L&P Global Berhad's EBIT is MYR27.1M making its interest coverage ratio 15.2. It has cash and short-term investments of MYR13.1M.
Key information
28.4%
Debt to equity ratio
RM 28.59m
Debt
| Interest coverage ratio | 15.2x |
| Cash | RM 13.13m |
| Equity | RM 100.57m |
| Total liabilities | RM 45.90m |
| Total assets | RM 146.47m |
Financial Position Analysis
Short Term Liabilities: L&PBHD's short term assets (MYR91.9M) exceed its short term liabilities (MYR15.6M).
Long Term Liabilities: L&PBHD's short term assets (MYR91.9M) exceed its long term liabilities (MYR30.4M).
Debt to Equity History and Analysis
Debt Level: L&PBHD's net debt to equity ratio (15.4%) is considered satisfactory.
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 (108.3%).
Interest Coverage: L&PBHD's interest payments on its debt are well covered by EBIT (15.2x coverage).