Lorenzo Shipping Balance Sheet Health
Financial Health criteria checks 3/6
Lorenzo Shipping has a total shareholder equity of ₱302.8M and total debt of ₱742.3M, which brings its debt-to-equity ratio to 245.2%. Its total assets and total liabilities are ₱3.2B and ₱2.9B respectively.
Key information
245.2%
Debt to equity ratio
₱742.29m
Debt
| Interest coverage ratio | n/a |
| Cash | ₱57.98m |
| Equity | ₱302.76m |
| Total liabilities | ₱2.86b |
| Total assets | ₱3.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LSC's short term assets (₱1.1B) do not cover its short term liabilities (₱2.3B).
Long Term Liabilities: LSC's short term assets (₱1.1B) exceed its long term liabilities (₱546.3M).
Debt to Equity History and Analysis
Debt Level: LSC's net debt to equity ratio (226%) is considered high.
Reducing Debt: LSC's debt to equity ratio has increased from 244.6% to 245.2% 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 5.5% per year.