Lear Balance Sheet Health
Financial Health criteria checks 4/6
Lear has a total shareholder equity of $4.9B and total debt of $2.8B, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are $14.8B and $9.9B respectively. Lear's EBIT is $1.0B making its interest coverage ratio 10. It has cash and short-term investments of $770.5M.
Key information
57.2%
Debt to equity ratio
US$2.80b
Debt
| Interest coverage ratio | 10x |
| Cash | US$770.50m |
| Equity | US$4.89b |
| Total liabilities | US$9.92b |
| Total assets | US$14.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LE6N's short term assets ($7.8B) exceed its short term liabilities ($5.9B).
Long Term Liabilities: LE6N's short term assets ($7.8B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: LE6N's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: LE6N's debt to equity ratio has increased from 51.9% to 57.2% over the past 5 years.
Debt Coverage: LE6N's debt is well covered by operating cash flow (36.1%).
Interest Coverage: LE6N's interest payments on its debt are well covered by EBIT (10x coverage).