Lennar Balance Sheet Health
Financial Health criteria checks 6/6
Lennar has a total shareholder equity of $26.8B and total debt of $4.4B, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are $39.0B and $12.2B respectively. Lennar's EBIT is $5.6B making its interest coverage ratio 363.8. It has cash and short-term investments of $7.4B.
Key information
16.4%
Debt to equity ratio
US$4.39b
Debt
Interest coverage ratio | 363.8x |
Cash | US$7.39b |
Equity | US$26.78b |
Total liabilities | US$12.17b |
Total assets | US$38.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LNN0's short term assets ($30.9B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: LNN0's short term assets ($30.9B) exceed its long term liabilities ($9.7B).
Debt to Equity History and Analysis
Debt Level: LNN0 has more cash than its total debt.
Reducing Debt: LNN0's debt to equity ratio has reduced from 69.7% to 16.4% over the past 5 years.
Debt Coverage: LNN0's debt is well covered by operating cash flow (104%).
Interest Coverage: LNN0's interest payments on its debt are well covered by EBIT (363.8x coverage).