LT Group Balance Sheet Health
Financial Health criteria checks 5/6
LT Group has a total shareholder equity of ₱300.2B and total debt of ₱68.5B, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are ₱1,327.4B and ₱1,027.2B respectively. LT Group's EBIT is ₱25.8B making its interest coverage ratio 49.1. It has cash and short-term investments of ₱387.8B.
Key information
22.8%
Debt to equity ratio
₱68.54b
Debt
Interest coverage ratio | 49.1x |
Cash | ₱387.82b |
Equity | ₱300.24b |
Total liabilities | ₱1.03t |
Total assets | ₱1.33t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTG's short term assets (₱708.6B) do not cover its short term liabilities (₱993.3B).
Long Term Liabilities: LTG's short term assets (₱708.6B) exceed its long term liabilities (₱33.9B).
Debt to Equity History and Analysis
Debt Level: LTG has more cash than its total debt.
Reducing Debt: LTG's debt to equity ratio has reduced from 39.4% to 22.8% over the past 5 years.
Debt Coverage: LTG's debt is well covered by operating cash flow (79.9%).
Interest Coverage: LTG's interest payments on its debt are well covered by EBIT (49.1x coverage).