LMG Balance Sheet Health

Financial Health criteria checks 6/6

LMG has a total shareholder equity of ₱321.5M and total debt of ₱0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₱321.5M and ₱41.8K respectively.

Key information

Debt to equity ratio

₱0

Debt

Interest coverage ratio	n/a
Cash	₱305.76m
Equity	₱321.48m
Total liabilities	₱41.80k
Total assets	₱321.52m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: LMG's short term assets (₱321.5M) exceed its short term liabilities (₱41.8K).

Long Term Liabilities: LMG has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: LMG is debt free.

Reducing Debt: LMG had no debt 5 years ago.

Debt Coverage: LMG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: LMG has no debt, therefore coverage of interest payments is not a concern.

LMG Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

LMG Corp., Annual General Meeting, Sep 12, 2024

New major risk - Market cap size

Less than half of directors are independent

LMG Corp. Announces the Closure of and the Retirement of Business in Pasig City for the Transfer and Registration of Its Operations in Taguig City

LMG Corp. Announces the Closure of and the Retirement of Business in Pasig City for the Transfer and Registration of Its Operations in Taguig City

Less than half of directors are independent

LMG Corp. Announces Committee Changes

Less than half of directors are independent

LMG Corp., Annual General Meeting, Sep 21, 2023

Maxwealth Infinity Holdings Corp entered into a Share Purchase Agreement to acquire 67% stake in LMG Corp. (PSE:LMG) from Ann Marrieta L. Sytin, Robinson W. Siao, and Value Quest Securities Corporation for approximately PHP 400 million.

Less than half of directors are independent

LMG Corp., Annual General Meeting, Sep 15, 2022

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Independent Lead Director has left the company

LMG Corp. to Report Fiscal Year 2020 Results on Mar 15, 2021

New 90-day high: ₱5.00

New 90-day low: ₱4.16

Chairman of the Board recently sold ₱40m worth of stock

LMG Chemicals Corporation Announces Executive Changes

New 90-day low - ₱4.49

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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