LPL Financial Holdings Balance Sheet Health
Financial Health criteria checks 3/6
LPL Financial Holdings has a total shareholder equity of $2.3B and total debt of $3.9B, which brings its debt-to-equity ratio to 169.8%. Its total assets and total liabilities are $11.0B and $8.7B respectively. LPL Financial Holdings's EBIT is $1.7B making its interest coverage ratio 8.1. It has cash and short-term investments of $1.1B.
Key information
169.8%
Debt to equity ratio
US$3.85b
Debt
Interest coverage ratio | 8.1x |
Cash | US$1.10b |
Equity | US$2.27b |
Total liabilities | US$8.75b |
Total assets | US$11.02b |
Recent financial health updates
No updates
Recent updates
Is 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 12LPL Financial launches bookkeeping services
Sep 29LPL Financial advisory, brokerage assets slide 1.7% M/M in August
Sep 22LPL Financial reports 5.6% growth in July's advisory and brokerage assets
Aug 18LPL Financial Holdings Non-GAAP EPS of $2.24 beats by $0.29, revenue of $2.04M misses by $2.09B
Aug 02LPL Financial to acquire private client business of Boenning & Scattergood
Jul 08LPL Financial: Compounding Through The Cycles
May 15Financial Position Analysis
Short Term Liabilities: LPLA's short term assets ($6.0B) exceed its short term liabilities ($791.7M).
Long Term Liabilities: LPLA's short term assets ($6.0B) do not cover its long term liabilities ($8.0B).
Debt to Equity History and Analysis
Debt Level: LPLA's net debt to equity ratio (121.2%) is considered high.
Reducing Debt: LPLA's debt to equity ratio has reduced from 234.6% to 169.8% over the past 5 years.
Debt Coverage: LPLA's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: LPLA's interest payments on its debt are well covered by EBIT (8.1x coverage).