L.J. Williams Balance Sheet Health
Financial Health criteria checks 6/6
L.J. Williams has a total shareholder equity of TTD117.2M and total debt of TTD32.7M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are TTD202.7M and TTD85.5M respectively. L.J. Williams's EBIT is TTD7.9M making its interest coverage ratio 3. It has cash and short-term investments of TTD7.1M.
Key information
27.9%
Debt to equity ratio
TT$32.67m
Debt
| Interest coverage ratio | 3x |
| Cash | TT$7.06m |
| Equity | TT$117.22m |
| Total liabilities | TT$85.46m |
| Total assets | TT$202.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LJWB's short term assets (TTD71.7M) exceed its short term liabilities (TTD51.3M).
Long Term Liabilities: LJWB's short term assets (TTD71.7M) exceed its long term liabilities (TTD34.1M).
Debt to Equity History and Analysis
Debt Level: LJWB's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: LJWB's debt to equity ratio has reduced from 40.9% to 27.9% over the past 5 years.
Debt Coverage: LJWB's debt is well covered by operating cash flow (46.7%).
Interest Coverage: LJWB's interest payments on its debt are well covered by EBIT (3x coverage).