LIXIL Balance Sheet Health
Financial Health criteria checks 3/6
LIXIL has a total shareholder equity of ¥613.6B and total debt of ¥596.5B, which brings its debt-to-equity ratio to 97.2%. Its total assets and total liabilities are ¥1,814.6B and ¥1,201.0B respectively. LIXIL's EBIT is ¥22.3B making its interest coverage ratio 2.5. It has cash and short-term investments of ¥107.1B.
Key information
97.2%
Debt to equity ratio
JP¥596.51b
Debt
| Interest coverage ratio | 2.5x |
| Cash | JP¥107.09b |
| Equity | JP¥613.64b |
| Total liabilities | JP¥1.20t |
| Total assets | JP¥1.81t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TJS0's short term assets (¥684.4B) exceed its short term liabilities (¥551.1B).
Long Term Liabilities: TJS0's short term assets (¥684.4B) exceed its long term liabilities (¥649.9B).
Debt to Equity History and Analysis
Debt Level: TJS0's net debt to equity ratio (79.8%) is considered high.
Reducing Debt: TJS0's debt to equity ratio has reduced from 111.1% to 97.2% over the past 5 years.
Debt Coverage: TJS0's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: TJS0's interest payments on its debt are not well covered by EBIT (2.5x coverage).