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 59.7%. Its total assets and total liabilities are $40.5B and $34.4B respectively. Lenovo Group's EBIT is $2.1B making its interest coverage ratio 14.5. It has cash and short-term investments of $4.0B.
Key information
59.7%
Debt to equity ratio
US$3.62b
Debt
| Interest coverage ratio | 14.5x |
| Cash | US$4.02b |
| Equity | US$6.07b |
| Total liabilities | US$34.42b |
| Total assets | US$40.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LEN's short term assets ($24.6B) do not cover its short term liabilities ($28.8B).
Long Term Liabilities: LEN's short term assets ($24.6B) exceed its long term liabilities ($5.6B).
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 115.2% to 59.7% over the past 5 years.
Debt Coverage: LEN's debt is well covered by operating cash flow (59.4%).
Interest Coverage: LEN's interest payments on its debt are well covered by EBIT (14.5x coverage).