LIXIL Balance Sheet Health
Financial Health criteria checks 3/6
LIXIL has a total shareholder equity of ¥652.2B and total debt of ¥625.8B, which brings its debt-to-equity ratio to 96%. Its total assets and total liabilities are ¥1,916.9B and ¥1,264.8B respectively. LIXIL's EBIT is ¥13.4B making its interest coverage ratio 1.3. It has cash and short-term investments of ¥125.9B.
Key information
96.0%
Debt to equity ratio
JP¥625.83b
Debt
| Interest coverage ratio | 1.3x |
| Cash | JP¥125.86b |
| Equity | JP¥652.18b |
| Total liabilities | JP¥1.26t |
| Total assets | JP¥1.92t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TJS0's short term assets (¥734.7B) exceed its short term liabilities (¥598.1B).
Long Term Liabilities: TJS0's short term assets (¥734.7B) exceed its long term liabilities (¥666.6B).
Debt to Equity History and Analysis
Debt Level: TJS0's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: TJS0's debt to equity ratio has reduced from 117.5% to 96% over the past 5 years.
Debt Coverage: TJS0's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: TJS0's interest payments on its debt are not well covered by EBIT (1.3x coverage).