Luxfer Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Luxfer Holdings has a total shareholder equity of $225.1M and total debt of $69.5M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are $404.8M and $179.7M respectively. Luxfer Holdings's EBIT is $29.2M making its interest coverage ratio 5.1. It has cash and short-term investments of $3.5M.
Key information
30.9%
Debt to equity ratio
US$69.50m
Debt
| Interest coverage ratio | 5.1x |
| Cash | US$3.50m |
| Equity | US$225.10m |
| Total liabilities | US$179.70m |
| Total assets | US$404.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LX4A's short term assets ($196.4M) exceed its short term liabilities ($90.3M).
Long Term Liabilities: LX4A's short term assets ($196.4M) exceed its long term liabilities ($89.4M).
Debt to Equity History and Analysis
Debt Level: LX4A's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: LX4A's debt to equity ratio has reduced from 58.9% to 30.9% over the past 5 years.
Debt Coverage: LX4A's debt is well covered by operating cash flow (59.9%).
Interest Coverage: LX4A's interest payments on its debt are well covered by EBIT (5.1x coverage).