LT Group Balance Sheet Health
Financial Health criteria checks 5/6
LT Group has a total shareholder equity of ₱294.3B and total debt of ₱64.2B, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are ₱1,299.5B and ₱1,005.2B respectively. LT Group's EBIT is ₱21.9B making its interest coverage ratio 50.3. It has cash and short-term investments of ₱362.4B.
Debt to equity ratio
|Interest coverage ratio
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LTG's short term assets (₱658.9B) do not cover its short term liabilities (₱970.6B).
Long Term Liabilities: LTG's short term assets (₱658.9B) exceed its long term liabilities (₱34.6B).
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 29.9% to 21.8% over the past 5 years.
Debt Coverage: LTG's debt is well covered by operating cash flow (88.1%).
Interest Coverage: LTG's interest payments on its debt are well covered by EBIT (50.3x coverage).