Lenovo Group Balance Sheet Health
Financial Health criteria checks 5/6
Lenovo Group has a total shareholder equity of $6.1B and total debt of $3.6B, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are $44.5B and $38.4B respectively. Lenovo Group's EBIT is $2.2B making its interest coverage ratio 14.4. It has cash and short-term investments of $4.3B.
Key information
59.8%
Debt to equity ratio
US$3.64b
Debt
| Interest coverage ratio | 14.4x |
| Cash | US$4.29b |
| Equity | US$6.09b |
| Total liabilities | US$38.37b |
| Total assets | US$44.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LEN's short term assets ($28.2B) do not cover its short term liabilities ($32.7B).
Long Term Liabilities: LEN's short term assets ($28.2B) exceed its long term liabilities ($5.7B).
Debt to Equity History and Analysis
Debt Level: LEN has more cash than its total debt.
Reducing Debt: LEN's debt to equity ratio has reduced from 119.3% to 59.8% over the past 5 years.
Debt Coverage: LEN's debt is well covered by operating cash flow (73.7%).
Interest Coverage: LEN's interest payments on its debt are well covered by EBIT (14.4x coverage).