LBC Express Holdings Balance Sheet Health
Financial Health criteria checks 2/6
LBC Express Holdings has a total shareholder equity of ₱1.7B and total debt of ₱4.3B, which brings its debt-to-equity ratio to 256.6%. Its total assets and total liabilities are ₱14.9B and ₱13.2B respectively. LBC Express Holdings's EBIT is ₱602.8M making its interest coverage ratio 1. It has cash and short-term investments of ₱2.2B.
Key information
256.6%
Debt to equity ratio
₱4.31b
Debt
| Interest coverage ratio | 1x |
| Cash | ₱2.24b |
| Equity | ₱1.68b |
| Total liabilities | ₱13.24b |
| Total assets | ₱14.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LBC's short term assets (₱6.6B) do not cover its short term liabilities (₱10.3B).
Long Term Liabilities: LBC's short term assets (₱6.6B) exceed its long term liabilities (₱2.9B).
Debt to Equity History and Analysis
Debt Level: LBC's net debt to equity ratio (123.2%) is considered high.
Reducing Debt: LBC's debt to equity ratio has increased from 54.6% to 256.6% over the past 5 years.
Debt Coverage: LBC's debt is well covered by operating cash flow (47.6%).
Interest Coverage: LBC's interest payments on its debt are not well covered by EBIT (1x coverage).