Legrand Balance Sheet Health
Financial Health criteria checks 6/6
Legrand has a total shareholder equity of €6.7B and total debt of €4.5B, which brings its debt-to-equity ratio to 67.4%. Its total assets and total liabilities are €14.8B and €8.1B respectively. Legrand's EBIT is €1.6B making its interest coverage ratio 57.2. It has cash and short-term investments of €2.8B.
Key information
67.4%
Debt to equity ratio
€4.54b
Debt
Interest coverage ratio | 57.2x |
Cash | €2.82b |
Equity | €6.73b |
Total liabilities | €8.11b |
Total assets | €14.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LR's short term assets (€5.5B) exceed its short term liabilities (€2.8B).
Long Term Liabilities: LR's short term assets (€5.5B) exceed its long term liabilities (€5.3B).
Debt to Equity History and Analysis
Debt Level: LR's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: LR's debt to equity ratio has reduced from 72% to 67.4% over the past 5 years.
Debt Coverage: LR's debt is well covered by operating cash flow (40.5%).
Interest Coverage: LR's interest payments on its debt are well covered by EBIT (57.2x coverage).