Leon's Furniture Balance Sheet Health
Financial Health criteria checks 6/6
Leon's Furniture has a total shareholder equity of CA$1.1B and total debt of CA$110.0M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are CA$2.2B and CA$1.1B respectively. Leon's Furniture's EBIT is CA$191.3M making its interest coverage ratio 11.4. It has cash and short-term investments of CA$176.7M.
Key information
10.4%
Debt to equity ratio
CA$110.00m
Debt
| Interest coverage ratio | 11.4x |
| Cash | CA$176.68m |
| Equity | CA$1.06b |
| Total liabilities | CA$1.12b |
| Total assets | CA$2.18b |
Recent financial health updates
Leon's Furniture (TSE:LNF) Takes On Some Risk With Its Use Of Debt
Jan 05
These 4 Measures Indicate That Leon's Furniture (TSE:LNF) Is Using Debt Reasonably Well
Aug 07Does Leon's Furniture (TSE:LNF) Have A Healthy Balance Sheet?
Apr 20Does Leon's Furniture (TSE:LNF) Have A Healthy Balance Sheet?
Oct 07Is Leon's Furniture (TSE:LNF) A Risky Investment?
Jun 24We Think Leon's Furniture (TSE:LNF) Can Manage Its Debt With Ease
Feb 01Recent updates
Returns On Capital At Leon's Furniture (TSE:LNF) Have Stalled
Apr 23Leon's Furniture (TSE:LNF) Takes On Some Risk With Its Use Of Debt
Jan 05Leon's Furniture's (TSE:LNF) Upcoming Dividend Will Be Larger Than Last Year's
Nov 17Returns At Leon's Furniture (TSE:LNF) Are On The Way Up
Nov 02Leon's Furniture (TSE:LNF) Will Pay A Dividend Of CA$0.16
Aug 28These 4 Measures Indicate That Leon's Furniture (TSE:LNF) Is Using Debt Reasonably Well
Aug 07Leon's Furniture (TSE:LNF) Has Affirmed Its Dividend Of CA$0.16
May 18Leon's Furniture (TSE:LNF) Shareholders Will Want The ROCE Trajectory To Continue
May 11Does Leon's Furniture (TSE:LNF) Have A Healthy Balance Sheet?
Apr 20Leon's Furniture (TSE:LNF) Is Paying Out A Dividend Of CA$0.16
Feb 27Does Leon's Furniture (TSE:LNF) Have A Healthy Balance Sheet?
Oct 07Leon's Furniture (TSE:LNF) Is Looking To Continue Growing Its Returns On Capital
Sep 09Is Leon's Furniture (TSE:LNF) A Risky Investment?
Jun 24Leon's Furniture (TSE:LNF) Has Re-Affirmed Its Dividend Of CA$0.16
Jun 02Leon's Furniture (TSE:LNF) Has Affirmed Its Dividend Of CA$0.16
May 19Here's Why We Think Leon's Furniture (TSE:LNF) Is Well Worth Watching
Mar 30Leon's Furniture (TSE:LNF) Has Affirmed Its Dividend Of CA$0.16
Mar 01Leon's Furniture (TSE:LNF) Is Experiencing Growth In Returns On Capital
Feb 16We Think Leon's Furniture (TSE:LNF) Can Manage Its Debt With Ease
Feb 01I Ran A Stock Scan For Earnings Growth And Leon's Furniture (TSE:LNF) Passed With Ease
Nov 08Leon's Furniture (TSE:LNF) Has A Rock Solid Balance Sheet
Oct 12Here's Why I Think Leon's Furniture (TSE:LNF) Might Deserve Your Attention Today
Jul 30This Is The Reason Why We Think Leon's Furniture Limited's (TSE:LNF) CEO Deserves A Bump Up To Their Compensation
May 07Leon's Furniture (TSE:LNF) Could Easily Take On More Debt
Apr 12Leon's Furniture (TSE:LNF) Is Experiencing Growth In Returns On Capital
Mar 22Is Now The Time To Put Leon's Furniture (TSE:LNF) On Your Watchlist?
Mar 11Be Sure To Check Out Leon's Furniture Limited (TSE:LNF) Before It Goes Ex-Dividend
Feb 28Financial Position Analysis
Short Term Liabilities: LNF's short term assets (CA$794.9M) exceed its short term liabilities (CA$560.7M).
Long Term Liabilities: LNF's short term assets (CA$794.9M) exceed its long term liabilities (CA$556.1M).
Debt to Equity History and Analysis
Debt Level: LNF has more cash than its total debt.
Reducing Debt: LNF's debt to equity ratio has reduced from 20.4% to 10.4% over the past 5 years.
Debt Coverage: LNF's debt is well covered by operating cash flow (241.7%).
Interest Coverage: LNF's interest payments on its debt are well covered by EBIT (11.4x coverage).