Lam Research Balance Sheet Health
Financial Health criteria checks 6/6
Lam Research has a total shareholder equity of $8.5B and total debt of $5.0B, which brings its debt-to-equity ratio to 58.8%. Its total assets and total liabilities are $19.5B and $11.1B respectively. Lam Research's EBIT is $4.6B making its interest coverage ratio -57.7. It has cash and short-term investments of $6.1B.
Key information
58.8%
Debt to equity ratio
US$4.98b
Debt
| Interest coverage ratio | -57.7x |
| Cash | US$6.07b |
| Equity | US$8.47b |
| Total liabilities | US$11.06b |
| Total assets | US$19.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LRCX's short term assets ($13.5B) exceed its short term liabilities ($5.3B).
Long Term Liabilities: LRCX's short term assets ($13.5B) exceed its long term liabilities ($5.7B).
Debt to Equity History and Analysis
Debt Level: LRCX has more cash than its total debt.
Reducing Debt: LRCX's debt to equity ratio has reduced from 89.5% to 58.8% over the past 5 years.
Debt Coverage: LRCX's debt is well covered by operating cash flow (105.7%).
Interest Coverage: LRCX earns more interest than it pays, so coverage of interest payments is not a concern.