Luxfer Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Luxfer Holdings has a total shareholder equity of $212.6M and total debt of $72.2M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are $372.1M and $159.5M respectively. Luxfer Holdings's EBIT is $15.7M making its interest coverage ratio 2.5. It has cash and short-term investments of $2.3M.
Key information
34.0%
Debt to equity ratio
US$72.20m
Debt
Interest coverage ratio | 2.5x |
Cash | US$2.30m |
Equity | US$212.60m |
Total liabilities | US$159.50m |
Total assets | US$372.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LX4A's short term assets ($168.8M) exceed its short term liabilities ($64.8M).
Long Term Liabilities: LX4A's short term assets ($168.8M) exceed its long term liabilities ($94.7M).
Debt to Equity History and Analysis
Debt Level: LX4A's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: LX4A's debt to equity ratio has reduced from 41.8% to 34% over the past 5 years.
Debt Coverage: LX4A's debt is well covered by operating cash flow (36.4%).
Interest Coverage: LX4A's interest payments on its debt are not well covered by EBIT (2.5x coverage).