Linamar Balance Sheet Health
Financial Health criteria checks 6/6
Linamar has a total shareholder equity of CA$5.3B and total debt of CA$1.6B, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are CA$9.9B and CA$4.5B respectively. Linamar's EBIT is CA$794.0M making its interest coverage ratio 18.3. It has cash and short-term investments of CA$653.3M.
Key information
29.5%
Debt to equity ratio
CA$1.57b
Debt
| Interest coverage ratio | 18.3x |
| Cash | CA$653.33m |
| Equity | CA$5.32b |
| Total liabilities | CA$4.53b |
| Total assets | CA$9.85b |
Recent financial health updates
Linamar (TSE:LNR) Has A Pretty Healthy Balance Sheet
Feb 07
Linamar (TSE:LNR) Has A Rock Solid Balance Sheet
Aug 13Is Linamar (TSE:LNR) Using Too Much Debt?
Jan 06Linamar (TSE:LNR) Has A Pretty Healthy Balance Sheet
Sep 19These 4 Measures Indicate That Linamar (TSE:LNR) Is Using Debt Reasonably Well
May 24Linamar (TSE:LNR) Seems To Use Debt Rather Sparingly
Feb 08Recent updates
Do Linamar's (TSE:LNR) Earnings Warrant Your Attention?
Apr 04Here's What To Make Of Linamar's (TSE:LNR) Decelerating Rates Of Return
Mar 22Should You Think About Buying Linamar Corporation (TSE:LNR) Now?
Mar 02Linamar (TSE:LNR) Has A Pretty Healthy Balance Sheet
Feb 07Investors Aren't Entirely Convinced By Linamar Corporation's (TSE:LNR) Earnings
Jan 17Does Linamar (TSE:LNR) Deserve A Spot On Your Watchlist?
Dec 19Linamar Corporation's (TSE:LNR) Intrinsic Value Is Potentially 89% Above Its Share Price
Oct 11What Is Linamar Corporation's (TSE:LNR) Share Price Doing?
Sep 26Does Linamar (TSE:LNR) Deserve A Spot On Your Watchlist?
Sep 12Some Investors May Be Worried About Linamar's (TSE:LNR) Returns On Capital
Aug 30Linamar (TSE:LNR) Has A Rock Solid Balance Sheet
Aug 13Is Now The Time To Look At Buying Linamar Corporation (TSE:LNR)?
Jun 08If EPS Growth Is Important To You, Linamar (TSE:LNR) Presents An Opportunity
May 26Calculating The Fair Value Of Linamar Corporation (TSE:LNR)
May 12Linamar's (TSE:LNR) Returns On Capital Not Reflecting Well On The Business
Apr 29Is There Now An Opportunity In Linamar Corporation (TSE:LNR)?
Mar 03A Look At The Intrinsic Value Of Linamar Corporation (TSE:LNR)
Feb 03Is Linamar (TSE:LNR) Using Too Much Debt?
Jan 06Linamar (TSE:LNR) Has Announced A Dividend Of CA$0.20
Nov 13Why Linamar Corporation (TSE:LNR) Could Be Worth Watching
Oct 25Linamar (TSE:LNR) Has A Pretty Healthy Balance Sheet
Sep 19Is Now An Opportune Moment To Examine Linamar Corporation (TSE:LNR)?
Jul 20These 4 Measures Indicate That Linamar (TSE:LNR) Is Using Debt Reasonably Well
May 24Is There Now An Opportunity In Linamar Corporation (TSE:LNR)?
Apr 21Calculating The Intrinsic Value Of Linamar Corporation (TSE:LNR)
Mar 16Linamar (TSE:LNR) Seems To Use Debt Rather Sparingly
Feb 08Is It Time To Consider Buying Linamar Corporation (TSE:LNR)?
Jan 21Financial Position Analysis
Short Term Liabilities: LNR's short term assets (CA$4.0B) exceed its short term liabilities (CA$2.5B).
Long Term Liabilities: LNR's short term assets (CA$4.0B) exceed its long term liabilities (CA$2.0B).
Debt to Equity History and Analysis
Debt Level: LNR's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: LNR's debt to equity ratio has reduced from 65.6% to 29.5% over the past 5 years.
Debt Coverage: LNR's debt is well covered by operating cash flow (50.6%).
Interest Coverage: LNR's interest payments on its debt are well covered by EBIT (18.3x coverage).