Legrand Balance Sheet Health
Financial Health criteria checks 4/6
Legrand has a total shareholder equity of €6.8B and total debt of €4.7B, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are €15.2B and €8.3B respectively. Legrand's EBIT is €1.6B making its interest coverage ratio 29.2. It has cash and short-term investments of €1.8B.
Key information
69.3%
Debt to equity ratio
€4.74b
Debt
| Interest coverage ratio | 29.2x |
| Cash | €1.84b |
| Equity | €6.84b |
| Total liabilities | €8.34b |
| Total assets | €15.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LR's short term assets (€4.8B) exceed its short term liabilities (€2.4B).
Long Term Liabilities: LR's short term assets (€4.8B) do not cover its long term liabilities (€5.9B).
Debt to Equity History and Analysis
Debt Level: LR's net debt to equity ratio (42.4%) is considered high.
Reducing Debt: LR's debt to equity ratio has reduced from 77.3% to 69.3% over the past 5 years.
Debt Coverage: LR's debt is well covered by operating cash flow (28.7%).
Interest Coverage: LR's interest payments on its debt are well covered by EBIT (29.2x coverage).