Lennox International Balance Sheet Health
Financial Health criteria checks 5/6
Lennox International has a total shareholder equity of $368.8M and total debt of $1.4B, which brings its debt-to-equity ratio to 366.9%. Its total assets and total liabilities are $3.0B and $2.6B respectively. Lennox International's EBIT is $857.7M making its interest coverage ratio 17.4. It has cash and short-term investments of $57.6M.
Key information
366.9%
Debt to equity ratio
US$1.35b
Debt
Interest coverage ratio | 17.4x |
Cash | US$57.60m |
Equity | US$368.80m |
Total liabilities | US$2.62b |
Total assets | US$2.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LXI's short term assets ($1.6B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: LXI's short term assets ($1.6B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: LXI's net debt to equity ratio (351.3%) is considered high.
Reducing Debt: LXI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: LXI's debt is well covered by operating cash flow (58.5%).
Interest Coverage: LXI's interest payments on its debt are well covered by EBIT (17.4x coverage).