LT Group Balance Sheet Health
Financial Health criteria checks 5/6
LT Group has a total shareholder equity of ₱306.3B and total debt of ₱61.1B, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are ₱1,314.6B and ₱1,008.3B respectively. LT Group's EBIT is ₱26.1B making its interest coverage ratio 55.4. It has cash and short-term investments of ₱363.8B.
Key information
20.0%
Debt to equity ratio
₱61.13b
Debt
Interest coverage ratio | 55.4x |
Cash | ₱363.76b |
Equity | ₱306.27b |
Total liabilities | ₱1.01t |
Total assets | ₱1.31t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTG's short term assets (₱698.5B) do not cover its short term liabilities (₱970.1B).
Long Term Liabilities: LTG's short term assets (₱698.5B) exceed its long term liabilities (₱38.2B).
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 49.1% to 20% over the past 5 years.
Debt Coverage: LTG's debt is well covered by operating cash flow (121.5%).
Interest Coverage: LTG's interest payments on its debt are well covered by EBIT (55.4x coverage).