LCI Industries Balance Sheet Health
Financial Health criteria checks 4/6
LCI Industries has a total shareholder equity of $1.4B and total debt of $822.5M, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are $3.0B and $1.6B respectively. LCI Industries's EBIT is $204.7M making its interest coverage ratio 6.2. It has cash and short-term investments of $161.2M.
Key information
58.0%
Debt to equity ratio
US$822.54m
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$161.18m |
| Equity | US$1.42b |
| Total liabilities | US$1.61b |
| Total assets | US$3.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DI's short term assets ($1.2B) exceed its short term liabilities ($432.0M).
Long Term Liabilities: 0DI's short term assets ($1.2B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: 0DI's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: 0DI's debt to equity ratio has increased from 35% to 58% over the past 5 years.
Debt Coverage: 0DI's debt is well covered by operating cash flow (48.8%).
Interest Coverage: 0DI's interest payments on its debt are well covered by EBIT (6.2x coverage).