L.B. Foster Balance Sheet Health
Financial Health criteria checks 6/6
L.B. Foster has a total shareholder equity of $182.4M and total debt of $68.0M, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are $344.5M and $162.1M respectively. L.B. Foster's EBIT is $16.5M making its interest coverage ratio 3.2. It has cash and short-term investments of $3.6M.
Key information
37.3%
Debt to equity ratio
US$68.03m
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$3.58m |
| Equity | US$182.44m |
| Total liabilities | US$162.11m |
| Total assets | US$344.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LB1A's short term assets ($173.5M) exceed its short term liabilities ($76.4M).
Long Term Liabilities: LB1A's short term assets ($173.5M) exceed its long term liabilities ($85.7M).
Debt to Equity History and Analysis
Debt Level: LB1A's net debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: LB1A's debt to equity ratio has reduced from 52.7% to 37.3% over the past 5 years.
Debt Coverage: LB1A's debt is well covered by operating cash flow (29.4%).
Interest Coverage: LB1A's interest payments on its debt are well covered by EBIT (3.2x coverage).