Linamar Balance Sheet Health
Financial Health criteria checks 6/6
Linamar has a total shareholder equity of CA$5.5B and total debt of CA$2.4B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are CA$11.1B and CA$5.6B respectively. Linamar's EBIT is CA$866.9M making its interest coverage ratio 13.9. It has cash and short-term investments of CA$787.2M.
Key information
43.8%
Debt to equity ratio
CA$2.41b
Debt
Interest coverage ratio | 13.9x |
Cash | CA$787.19m |
Equity | CA$5.49b |
Total liabilities | CA$5.63b |
Total assets | CA$11.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LNR's short term assets (CA$4.7B) exceed its short term liabilities (CA$2.8B).
Long Term Liabilities: LNR's short term assets (CA$4.7B) exceed its long term liabilities (CA$2.8B).
Debt to Equity History and Analysis
Debt Level: LNR's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: LNR's debt to equity ratio has reduced from 64.1% to 43.8% over the past 5 years.
Debt Coverage: LNR's debt is well covered by operating cash flow (31.6%).
Interest Coverage: LNR's interest payments on its debt are well covered by EBIT (13.9x coverage).