LTG CARGO

Financial results
P/L Statment
2018 | 2019 | 2020 | |
---|---|---|---|
Revenue | 297,782 | 396,467 | |
Cost of goods sold | 260,067 | 354,627 | |
Gross profit (loss) | 37,716 | 41,840 | |
Gross profit margin | % | 13% | 11% |
Operating expenses | 94 | 15,153 | 22,560 |
Operating profit (loss) | -94 | 22,563 | 19,280 |
Operating profit margin | % | 8% | 5% |
EBITDA | -94 | 45,838 | 43,457 |
EBITDA margin | % | 15% | 11% |
Net profit (loss) | -80 | 18,668 | 16,277 |
Net profit margin | % | 6% | 4% |
Balance sheet
2018 | 2019 | 2020 | |
---|---|---|---|
Non-current assets | 14 | 191,276 | 210,368 |
Intangible assets | 412 | 325 | |
Tangible assets | 190,864 | 208,916 | |
Financial assets | 1,128 | ||
Other non-current assets | 14 | ||
Biological assets | |||
Current assets | 30,000 | 92,411 | 73,327 |
Inventories and prepaid expenses | 2,054 | 1,309 | |
Accounts receivable in one year | 65,214 | 50,660 | |
Other current assets | |||
Cash and cash equivalents | 30,000 | 25,143 | 21,358 |
Total assets | 30,014 | 285,528 | 286,939 |
Equity | 29,920 | 58,190 | 74,467 |
Minority share of capital | |||
Grants and subsidies | |||
Liabilities | 94 | 223,888 | 208,662 |
Financial liabilities | 158,718 | 149,143 | |
Long-term liabilities | 149,349 | 147,010 | |
Short-term liabilities | 94 | 74,305 | 61,615 |
Equity and liabilities | 30,014 | 285,528 | 286,939 |
Financial ratios
2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 2% | -1% | 12% | 6% |
Return on equity (ROE) | 2% | -1% | 42% | 25% |
Return on capital employed (ROCE) | 2% | -1% | 21% | 18% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 2.73 | 2.00 | ||
Current Ratio | 40.97 | 319.15 | 1.24 | 1.19 |
Quick ratio | 40.18 | 319.15 | 1.22 | 1.17 |
Turnover ratios | ||||
Asset turnover | 0.16 | 1.89 | 1.39 | |
Fixed asset turnover | 0.38 | 3.11 | 1.97 | |
Equity turnover | 0.17 | 6.76 | 5.98 | |
Profitability ratios | ||||
EBITDA margin | 19% | % | 15% | 11% |
Operating profit margin | 6% | % | 8% | 5% |
Net profit margin | 6% | % | 6% | 4% |
Other ratios | ||||
Dividends to the State | 929.40 | |||
Dividends paid / net profit | 25.67 |
About the company
- Official nameAB „LTG CARGO“
- Legal formPublic limited liability company (AB)
- Company code304977594
- SectorTransport and Communications
- Line of businessFreight transport by rail, repair of locomotives and wagons.
- Accountability„Lietuvos geležinkeliai“ group of companies
- Share indirectly belonging to the State100%
ROE
24.5%
Number of employees
2,261
Financial data provided as at end-December 2021