L.J. Williams Balance Sheet Health
Financial Health criteria checks 5/6
L.J. Williams has a total shareholder equity of TTD106.0M and total debt of TTD44.6M, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are TTD207.8M and TTD101.8M respectively. L.J. Williams's EBIT is TTD12.9M making its interest coverage ratio 5.6. It has cash and short-term investments of TTD7.4M.
Key information
42.1%
Debt to equity ratio
TT$44.63m
Debt
Interest coverage ratio | 5.6x |
Cash | TT$7.38m |
Equity | TT$105.98m |
Total liabilities | TT$101.84m |
Total assets | TT$207.82m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: LJWA's short term assets (TTD78.3M) exceed its short term liabilities (TTD57.2M).
Long Term Liabilities: LJWA's short term assets (TTD78.3M) exceed its long term liabilities (TTD44.6M).
Debt to Equity History and Analysis
Debt Level: LJWA's net debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: LJWA's debt to equity ratio has increased from 16% to 42.1% over the past 5 years.
Debt Coverage: LJWA's debt is well covered by operating cash flow (56.1%).
Interest Coverage: LJWA's interest payments on its debt are well covered by EBIT (5.6x coverage).