Lorenzo Shipping Balance Sheet Health
Financial Health criteria checks 3/6
Lorenzo Shipping has a total shareholder equity of ₱176.2M and total debt of ₱710.1M, which brings its debt-to-equity ratio to 403.1%. Its total assets and total liabilities are ₱2.9B and ₱2.7B respectively.
Key information
403.1%
Debt to equity ratio
₱710.08m
Debt
| Interest coverage ratio | n/a |
| Cash | ₱89.40m |
| Equity | ₱176.17m |
| Total liabilities | ₱2.73b |
| Total assets | ₱2.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LSC's short term assets (₱959.9M) do not cover its short term liabilities (₱2.2B).
Long Term Liabilities: LSC's short term assets (₱959.9M) exceed its long term liabilities (₱540.5M).
Debt to Equity History and Analysis
Debt Level: LSC's net debt to equity ratio (352.3%) is considered high.
Reducing Debt: LSC's debt to equity ratio has increased from 236.4% to 403.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable LSC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LSC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.1% per year.