Lindsay Australia Balance Sheet Health
Financial Health criteria checks 5/6
Lindsay Australia has a total shareholder equity of A$149.4M and total debt of A$38.6M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are A$550.1M and A$400.7M respectively. Lindsay Australia's EBIT is A$48.3M making its interest coverage ratio 4.3. It has cash and short-term investments of A$45.6M.
Key information
25.9%
Debt to equity ratio
AU$38.64m
Debt
| Interest coverage ratio | 4.3x |
| Cash | AU$45.57m |
| Equity | AU$149.37m |
| Total liabilities | AU$400.69m |
| Total assets | AU$550.05m |
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 18Financial Position Analysis
Short Term Liabilities: LAU's short term assets (A$204.6M) exceed its short term liabilities (A$200.8M).
Long Term Liabilities: LAU's short term assets (A$204.6M) exceed its long term liabilities (A$199.8M).
Debt to Equity History and Analysis
Debt Level: LAU has more cash than its total debt.
Reducing Debt: LAU's debt to equity ratio has increased from 21.3% to 25.9% over the past 5 years.
Debt Coverage: LAU's debt is well covered by operating cash flow (265.8%).
Interest Coverage: LAU's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 17:14 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lindsay Australia Limited is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ian Munro | CCZ Equities Pty Limited |
| Russell Wright | Maqro Capital |
| Andrew Tang | Morgans Financial Limited |