LT Group Balance Sheet Health
Financial Health criteria checks 5/6
LT Group has a total shareholder equity of ₱321.5B and total debt of ₱24.7B, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ₱1,316.4B and ₱994.9B respectively. LT Group's EBIT is ₱28.7B making its interest coverage ratio 70.7. It has cash and short-term investments of ₱344.0B.
Key information
7.7%
Debt to equity ratio
₱24.73b
Debt
| Interest coverage ratio | 70.7x |
| Cash | ₱344.02b |
| Equity | ₱321.52b |
| Total liabilities | ₱994.93b |
| Total assets | ₱1.32t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTG's short term assets (₱687.1B) do not cover its short term liabilities (₱968.3B).
Long Term Liabilities: LTG's short term assets (₱687.1B) exceed its long term liabilities (₱26.6B).
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 71.9% to 7.7% over the past 5 years.
Debt Coverage: LTG's debt is well covered by operating cash flow (190.9%).
Interest Coverage: LTG's interest payments on its debt are well covered by EBIT (70.7x coverage).