LBC Express Holdings Balance Sheet Health
Financial Health criteria checks 2/6
LBC Express Holdings has a total shareholder equity of ₱2.0B and total debt of ₱4.1B, which brings its debt-to-equity ratio to 205.2%. Its total assets and total liabilities are ₱14.5B and ₱12.5B respectively. LBC Express Holdings's EBIT is ₱270.6M making its interest coverage ratio 0.5. It has cash and short-term investments of ₱1.8B.
Key information
205.2%
Debt to equity ratio
₱4.13b
Debt
Interest coverage ratio | 0.5x |
Cash | ₱1.83b |
Equity | ₱2.01b |
Total liabilities | ₱12.53b |
Total assets | ₱14.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LBC's short term assets (₱6.3B) do not cover its short term liabilities (₱9.7B).
Long Term Liabilities: LBC's short term assets (₱6.3B) exceed its long term liabilities (₱2.9B).
Debt to Equity History and Analysis
Debt Level: LBC's net debt to equity ratio (114.4%) is considered high.
Reducing Debt: LBC's debt to equity ratio has increased from 56.1% to 205.2% over the past 5 years.
Debt Coverage: LBC's debt is well covered by operating cash flow (40%).
Interest Coverage: LBC's interest payments on its debt are not well covered by EBIT (0.5x coverage).