Linamar Financial Health
How is Linamar's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LNR's short term assets (CA$3.7B) exceed its short term liabilities (CA$3.0B).
Long Term Liabilities: LNR's short term assets (CA$3.7B) exceed its long term liabilities (CA$824.5M).
Debt to Equity History and Analysis
Debt Level: LNR's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: LNR's debt to equity ratio has reduced from 49.6% to 26.4% over the past 5 years.
Debt Coverage: LNR's debt is well covered by operating cash flow (37.9%).
Interest Coverage: LNR's interest payments on its debt are well covered by EBIT (192.3x coverage).