Lindsay Australia Balance Sheet Health
Financial Health criteria checks 4/6
Lindsay Australia has a total shareholder equity of A$145.6M and total debt of A$39.1M, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are A$542.3M and A$396.7M respectively. Lindsay Australia's EBIT is A$60.7M making its interest coverage ratio 5.7. It has cash and short-term investments of A$33.4M.
Key information
26.8%
Debt to equity ratio
AU$39.06m
Debt
| Interest coverage ratio | 5.7x |
| Cash | AU$33.37m |
| Equity | AU$145.63m |
| Total liabilities | AU$396.68m |
| Total assets | AU$542.31m |
Recent financial health updates
These 4 Measures Indicate That Lindsay Australia (ASX:LAU) Is Using Debt Extensively
Jun 10
We Think Lindsay Australia (ASX:LAU) Is Taking Some Risk With Its Debt
Mar 01Lindsay Australia (ASX:LAU) Takes On Some Risk With Its Use Of Debt
Nov 30
Recent updates
Lindsay Australia Limited (ASX:LAU) Shares Could Be 22% Below Their Intrinsic Value Estimate
Nov 08If EPS Growth Is Important To You, Lindsay Australia (ASX:LAU) Presents An Opportunity
Oct 05Lindsay Australia's (ASX:LAU) Upcoming Dividend Will Be Larger Than Last Year's
Sep 19Lindsay Australia (ASX:LAU) Will Pay A Larger Dividend Than Last Year At A$0.03
Aug 30Returns At Lindsay Australia (ASX:LAU) Are On The Way Up
Aug 10Is There An Opportunity With Lindsay Australia Limited's (ASX:LAU) 21% Undervaluation?
Jul 06Is Now The Time To Put Lindsay Australia (ASX:LAU) On Your Watchlist?
Apr 11Does This Valuation Of Lindsay Australia Limited (ASX:LAU) Imply Investors Are Overpaying?
Mar 17Lindsay Australia (ASX:LAU) Has Announced That It Will Be Increasing Its Dividend To A$0.019
Feb 27We Ran A Stock Scan For Earnings Growth And Lindsay Australia (ASX:LAU) Passed With Ease
Dec 14Lindsay Australia's (ASX:LAU) Returns On Capital Are Heading Higher
Oct 17A Look At The Fair Value Of Lindsay Australia Limited (ASX:LAU)
Aug 19These 4 Measures Indicate That Lindsay Australia (ASX:LAU) Is Using Debt Extensively
Jun 10A Look At The Intrinsic Value Of Lindsay Australia Limited (ASX:LAU)
May 23Is Lindsay Australia Limited (ASX:LAU) A Good Fit For Your Dividend Portfolio?
Apr 09Lindsay Australia (ASX:LAU) Could Be Struggling To Allocate Capital
Mar 22We Think Lindsay Australia (ASX:LAU) Is Taking Some Risk With Its Debt
Mar 01Lindsay Australia Limited's (ASX:LAU) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Feb 12What Did Lindsay Australia's (ASX:LAU) CEO Take Home Last Year?
Jan 28Would Shareholders Who Purchased Lindsay Australia's (ASX:LAU) Stock Five Years Be Happy With The Share price Today?
Jan 13Lindsay Australia Limited (ASX:LAU) Is Yielding 4.4% - But Is It A Buy?
Dec 27Are Lindsay Australia's (ASX:LAU) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 14Lindsay Australia (ASX:LAU) Takes On Some Risk With Its Use Of Debt
Nov 30Calculating The Fair Value Of Lindsay Australia Limited (ASX:LAU)
Nov 18Does Lindsay Australia's (ASX:LAU) Statutory Profit Adequately Reflect Its Underlying Profit?
Aug 31A Look At The Intrinsic Value Of Lindsay Australia Limited (ASX:LAU)
Aug 18Returns On Capital At Lindsay Australia (ASX:LAU) Paint An Interesting Picture
Jul 16Financial Position Analysis
Short Term Liabilities: LAU's short term assets (A$196.9M) exceed its short term liabilities (A$165.8M).
Long Term Liabilities: LAU's short term assets (A$196.9M) do not cover its long term liabilities (A$230.8M).
Debt to Equity History and Analysis
Debt Level: LAU's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: LAU's debt to equity ratio has increased from 21.4% to 26.8% over the past 5 years.
Debt Coverage: LAU's debt is well covered by operating cash flow (231.2%).
Interest Coverage: LAU's interest payments on its debt are well covered by EBIT (5.7x coverage).