LPL Financial Holdings Balance Sheet Health
Financial Health criteria checks 3/6
LPL Financial Holdings has a total shareholder equity of $2.8B and total debt of $4.4B, which brings its debt-to-equity ratio to 160.3%. Its total assets and total liabilities are $11.9B and $9.2B respectively. LPL Financial Holdings's EBIT is $1.7B making its interest coverage ratio 6.9. It has cash and short-term investments of $1.5B.
Key information
160.3%
Debt to equity ratio
US$4.44b
Debt
| Interest coverage ratio | 6.9x |
| Cash | US$1.54b |
| Equity | US$2.77b |
| Total liabilities | US$9.17b |
| Total assets | US$11.94b |
Recent financial health updates
No updates
Recent updates
After Leaping 29% LPL Financial Holdings Inc. (NASDAQ:LPLA) Shares Are Not Flying Under The Radar
Nov 07
Earnings Update: Here's Why Analysts Just Lifted Their LPL Financial Holdings Inc. (NASDAQ:LPLA) Price Target To US$309
Nov 06LPL Financial: Near-Term Overhang Is A Buying Opportunity
Oct 16It's Down 29% But LPL Financial Holdings Inc. (NASDAQ:LPLA) Could Be Riskier Than It Looks
Aug 03LPL Financial: Strong EPS Upside In 2025 And '26, Fresh Breakout To New Highs
Jun 21Is Now The Time To Put LPL Financial Holdings (NASDAQ:LPLA) On Your Watchlist?
Apr 23LPL Financial Holdings Inc. (NASDAQ:LPLA) Screens Well But There Might Be A Catch
Mar 27Here's Why We Think LPL Financial Holdings (NASDAQ:LPLA) Is Well Worth Watching
Nov 14If EPS Growth Is Important To You, LPL Financial Holdings (NASDAQ:LPLA) Presents An Opportunity
Aug 15Here's Why We Think LPL Financial Holdings (NASDAQ:LPLA) Might Deserve Your Attention Today
May 14Here's Why We Think LPL Financial Holdings (NASDAQ:LPLA) Might Deserve Your Attention Today
Feb 12Financial Position Analysis
Short Term Liabilities: LPLA's short term assets ($6.6B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: LPLA's short term assets ($6.6B) do not cover its long term liabilities ($8.2B).
Debt to Equity History and Analysis
Debt Level: LPLA's net debt to equity ratio (104.6%) is considered high.
Reducing Debt: LPLA's debt to equity ratio has reduced from 231.4% to 160.3% over the past 5 years.
Debt Coverage: LPLA's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: LPLA's interest payments on its debt are well covered by EBIT (6.9x coverage).