The Law Debenture Corporation p.l.c. - LWDB.L

LWDB.L Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
LWDB.L	-0.3	-0.2	2.2	2.7	0.7	17.8	13.8	40.3	69.5	7667.2
S&P 500	0.7	1.6	2.7	4.1	9.5	25.6	38.1	83.4	195.2	34389.5

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	LWDB.L
name	The Law Debenture Corporation p.l.c.
price	901
changes percentage	-0.3319
change	-3
day low	901
day high	910
year high	929
year low	761.601
market cap	1189542736
price avg 50	890.4534
price avg 200	881.10657
exchange	LSE
volume	132376
avg volume	163781
open	903
previous close	904
eps	0.664213
pe	13.56
earnings announcement	2025-02-25T08:30:00.000+0000
shares outstanding	132024721
timestamp	2025-01-22 16:35:01

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 33.7%

Overall Quarterly Financial Health: 11.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	133360000	-40307000	430.86
gross profit	125105000	-48715000	356.81
gross profit ratio	0.94	1.21	-22.38
research and development expenses	0	-0.79	100.00
operating expenses	41783000	44648000	-6.42
interest income	1197000	266000	350.00
interest expense	6810000	6544000	4.06
ebitda	86140000	-76158000	213.11
ebitdaratio	0.65	1.95	-66.80
operating income	83322000	-80345000	203.71
operating income ratio	0.62	1.99	-68.66
net income	75153000	-86347000	187.04
net income ratio	0.56	2.14	-73.69
eps	0.58	-0.71	181.69

Overall Score of Annual Income Statement

None

Detailed Analysis

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
revenue	55985500	55985500	0.0
gross profit	53954500	53954500	0.0
gross profit ratio	0.96	0.96	0.0
research and development expenses	0	0	NaN
operating expenses	11002500	11002499	0.0
interest income	0	1636000	-100.0
interest expense	0	0	NaN
ebitda	43339500	43339500	0.0
ebitdaratio	0.77	0.77	0.0
operating income	42952000	42952000	0.0
operating income ratio	0.77	0.77	0.0
net income	41000500	41000500	0.0
net income ratio	0.73	0.73	0.0
eps	0.31	0.31	0.0

Overall Score of Quarterly Income Statement

0.0 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 11 million in 2024Q2 from 11 million in 2024Q1 representing a change of 0.0%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	1062643000	1004132000	5.83
total liabilities	208414000	205065000	1.63
total equity	854229000	799067000	6.90
cash and cash equivalents	31439000	49559000	-36.56
short term investments	0	0	NaN
long term investments	965226000	891005000	8.33
total current assets	61539000	75519000	-18.51
total non current assets	1001104000	920294000	8.78
total current liabilities	58004000	19815000	192.73
total non current liabilities	168605000	19815000	750.90
common stock	6557000	6407000	2.34
retained earnings	47545000	709903000	-93.30
total debt	169630000	170559000	-0.54

Overall Score of Annual Balance Sheet

0.44 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 1,063 million in 2023 from 1,004 million in 2022 representing a change of 5.83%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 854 million in 2023 from 799 million in 2022 representing a change of 6.9%. This indicates an increase in shareholders' equity.

  Common Stock: Common Stock increased to 7 in 2023 from 6 in 2022 representing a change of 2.34%. This indicates an increase in ownership interest.

  Total Debt: Total Debt decreased to 170 million in 2023 from 171 million in 2022 representing a change of -0.54%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 208 million in 2023 from 205 million in 2022 representing a change of 1.63%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 31 million in 2023 from 50 million in 2022 representing a change of -36.56%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 62 million in 2023 from 76 million in 2022 representing a change of -18.51%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 58 million in 2023 from 20 million in 2022 representing a change of 192.73%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to 48 million in 2023 from 710 million in 2022 representing a change of -93.3%. This indicates an accumulated losses.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
total assets	1110263000	1110263000	0.00
total liabilities	197107000	197107000	0.00
total equity	913156000	913156000	0.00
cash and cash equivalents	27260000	27260000	0.00
short term investments	0	0	NaN
long term investments	1000911000	1000911000	0.00
total current assets	73806000	73806000	0.00
total non current assets	1036457000	1036457000	0.00
total current liabilities	24519000	24519000	0.00
total non current liabilities	172588000	172588000	0.00
common stock	6557000	6557000	0.00
retained earnings	800748000	800748000	0.00
total debt	169219000	168427000	0.47

Overall Score of Quarterly Balance Sheet

0.0 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Debt: Total Debt increased to 169 million in 2024Q2 from 168 million in 2024Q1 representing a change of 0.47%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-18120000	13679000	-232.47
operating cash flow	44232000	39047000	13.28
free cash flow	43304000	37829000	14.47
capital expenditure	-928000	-1218000	23.81
depreciation and amortization	2186000	1934000	13.03
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	2027000	-9604000	121.11
inventory	0	0	NaN
acquisitions net	0	25828000	-100.00
investments in property plant and equipment	-928000	-1218000	23.81
net cash used for investing activites	-36572000	-25979000	-40.78
debt repayment	-1272000	-505000	-151.88
common stock issued	24237000	41506000	-41.61
common stock repurchased	-798000	0	NaN
dividends paid	-40518000	-37167000	-9.02
net cash used provided by financing activities	-24895000	-2710000	-818.63
cash at end of period	31439000	49559000	-36.56
accounts receivables	-3221000	198000	-1726.77
cash at beginning of period	49559000	35880000	38.12

Overall Score of Annual Cashflow Statement

0.57 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -18 million in 2023 from 14 million in 2022 representing a change of -232.47%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure increased to -1 million in 2023 from -1 million in 2022 representing a change of 23.81%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Dividends Paid: Dividends Paid decreased to -41 million in 2023 from -37 million in 2022 representing a change of -9.02%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to 44 million in 2023 from 39 million in 2022 representing a change of 13.28%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 43 million in 2023 from 38 million in 2022 representing a change of 14.47%. This indicates an increase in cash generated after accounting for capital expenditures.

  Accounts Payables: The absolute value of Accounts Payables decreased to 2 million in 2023 from 10 million in 2022 representing a change of 121.11%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables decreased to -3 million in 2023 from 0 million in 2022 representing a change of -1726.77%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
operating cash flow	11199500	11199500	0.00
free cash flow	11062500	11062500	0.00
capital expenditure	-274000	-137000	-100.00
depreciation and amortization	601000	590000	1.86
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	-1153500	-1153500	0.00
accounts payables	-7559000	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-137000	-137000	0.00
net cash used for investing activites	5059000	5059000	0.00
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-16235000	-16235000	0.00
net cash used provided by financing activities	-18182500	-18182500	0.00
net change in cash	-4179000	-2079500	-100.96
cash at end of period	27260000	-2079500	1410.89
cash at beginning of period	31439000	0	NaN

Overall Score of Quarterly Cashflow Statement

0.33 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -4 million in 2024Q2 from -2 million in 2024Q1 representing a change of -100.96%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Accounts Payables: The absolute value of Accounts Payables increased to 8 million in 2024Q2 from 0 million in 2024Q1 representing a change of nan%. This indicates that the company has increased its outstanding obligations to its suppliers.

• 📈 Positive Indicators

  Capital Expenditure: Capital Expenditure decreased to 0 million in 2024Q2 from 0 million in 2024Q1 representing a change of -100.0%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	1.03	-0.33	409.32
net income per share	0.58	-0.71	181.37
operating cash flow per share	0.34	0.32	5.91
free cash flow per share	0.33	0.31	7.02
cash per share	0.24	0.41	-40.69
book value per share	6.58	6.59	-0.06
tangible book value per share	6.41	6.4	0.18
shareholders equity per share	6.58	6.59	-0.06
interest debt per share	1.36	1.46	-6.86
market cap	1039584538.35	935514777.24	11.12
enterprise value	1177775538.35	1056514777.24	11.48
pe ratio	13.83	-10.83	227.68
price to sales ratio	7.8	-23.21	133.59
pocfratio	23.5	23.96	-1.90
pfcf ratio	24.01	24.73	-2.93
pb ratio	1.22	1.17	3.95
ptb ratio	1.22	1.17	3.95
ev to sales	8.83	-26.21	133.69
enterprise value over ebitda	13.67	-13.87	198.56
ev to operating cash flow	26.63	27.06	-1.59
ev to free cash flow	27.2	27.93	-2.62
earnings yield	0.07	-0.09	178.32
free cash flow yield	0.04	0.04	3.01
debt to equity	0.2	0.21	-6.97
debt to assets	0.16	0.17	-6.02
net debt to ebitda	1.6	-1.59	200.97
current ratio	1.06	3.81	-72.16
interest coverage	12.24	-12.28	199.65
income quality	0.54	-0.5	208.16
dividend yield	0.04	0.04	-1.90
payout ratio	0.54	-0.43	225.25
sales general and administrative to revenue	0.31	-0.9	134.34
research and ddevelopement to revenue	0	0.0	-100.00
intangibles to total assets	0.02	0.02	-7.24
capex to operating cash flow	0.02	0.03	-32.74
capex to revenue	0.01	-0.03	123.03
capex to depreciation	0.42	0.63	-32.59
stock based compensation to revenue	0	0	NaN
graham number	9.26	10.27	-9.82
roic	0.08	-0.08	196.93
return on tangible assets	0.07	-0.09	182.11
graham net net	-1.22	-1.15	-6.77
working capital	3535000	55704000	-93.65
tangible asset value	832189000	776614000	7.16
net current asset value	-146875000	-129546000	-13.38
invested capital	31973000	84993000	-62.38
average receivables	23963000	24443500	-1.97
average payables	21184000	24572000	-13.79
average inventory	-1215000	-1214999.5	-0.00
days sales outstanding	66.52	-213.91	131.10
days payables outstanding	997.2	860.19	15.93
days of inventory on hand	0	-105.49	100.00
receivables turnover	5.49	-1.71	421.58
payables turnover	0.37	0.42	-13.74
inventory turnover	0	-3.46	100.00
roe	0.09	-0.11	181.42
capex per share	0.01	0.01	-28.77

• ROE:

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 13.83 on 2023-12-31 from -10.83 on 2022-12-31, representing a change of 227.68%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.20 on 2023-12-31 from 0.21 on 2022-12-31, representing a change of -6.97%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Neutral

  Current Ratio: Current Ratio decreased to 1.06 on 2023-12-31 from 3.81 on 2022-12-31, representing a change of -72.16%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
LWDB.L
calendar year	2024	2024	NaN
revenue per share	0.43	0.43	0.00
net income per share	0.31	0.31	0.00
operating cash flow per share	0.09	0.09	0.00
free cash flow per share	0.08	0.08	0.00
cash per share	0.21	0.21	0.00
book value per share	6.99	6.99	0.00
tangible book value per share	6.82	6.82	0.00
shareholders equity per share	6.99	6.99	0.00
interest debt per share	1.29	1.29	0.47
market cap	1100316203.28	1025829239.4	7.26
enterprise value	1242275203.28	1166996239.4	6.45
pe ratio	6.71	6.25	7.26
price to sales ratio	19.65	18.32	7.26
pocfratio	98.25	91.6	7.26
pfcf ratio	99.46	92.73	7.26
pb ratio	1.2	1.12	7.26
ptb ratio	1.2	1.12	7.26
ev to sales	22.19	20.84	6.45
enterprise value over ebitda	28.66	26.93	6.45
ev to operating cash flow	110.92	104.2	6.45
ev to free cash flow	112.3	105.49	6.45
earnings yield	0.04	0.04	-6.77
free cash flow yield	0.01	0.01	-6.77
debt to equity	0.19	0.18	0.47
debt to assets	0.15	0.15	0.47
net debt to ebitda	3.28	3.26	0.56
current ratio	3.01	3.01	0.00
interest coverage	0	0	NaN
income quality	0.27	0.27	0.00
dividend yield	0.01	0.02	-6.77
payout ratio	0.4	0.4	0.00
sales general and administrative to revenue	0.2	0.2	0.00
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.02	0.02	0.00
capex to operating cash flow	0.02	0.01	100.00
capex to revenue	0.0	0.0	100.00
capex to depreciation	0.46	0.23	96.34
stock based compensation to revenue	0	0	NaN
graham number	7.02	7.02	0.00
roic	0.04	0.04	0.00
return on tangible assets	0.04	0.04	0.00
graham net net	-1.03	-1.03	0.00
working capital	49287000	49287000	0.00
tangible asset value	891199000	891199000	0.00
net current asset value	-123301000	-123301000	0.00
invested capital	77236000	77236000	0.00
average receivables	46546000	33359500	39.53
average payables	5585000	14069000	-60.30
average inventory	0	-2898000	100.00
days sales outstanding	74.83	74.83	0.00
days payables outstanding	247.49	247.49	0.00
days of inventory on hand	0	0	NaN
receivables turnover	1.2	1.2	0.00
payables turnover	0.36	0.36	0.00
inventory turnover	0	0	NaN
roe	0.04	0.04	0.00
capex per share	0.0	0.0	100.00

• Negative

  ROE: Return on Equity (ROE) decreased to 0.04 on 2024-06-30 Q2 from 0.04 on 2024-03-31 Q1, representing a change of 0.00%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio decreased to 3.01 on 2024-06-30 Q2 from 3.01 on 2024-03-31 Q1, representing a change of 0.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 6.71 on 2024-06-30 Q2 from 6.25 on 2024-03-31 Q1, representing a change of 7.26%. Indicating an increase in the relative valuation of the company's stock.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.19 on 2024-06-30 Q2 from 0.18 on 2024-03-31 Q1, representing a change of 0.47%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Negative Sentiment: Discounted Cash Flow value is -86.64 which is lower than current price 901, indicates the company may be overvalued.