Lancaster Colony Balance Sheet Health
Financial Health criteria checks 6/6
Lancaster Colony has a total shareholder equity of $908.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.1B and $240.6M respectively. Lancaster Colony's EBIT is $188.4M making its interest coverage ratio 1942.1. It has cash and short-term investments of $133.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 1942.1x |
Cash | US$133.85m |
Equity | US$908.33m |
Total liabilities | US$240.60m |
Total assets | US$1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LC1's short term assets ($405.4M) exceed its short term liabilities ($163.4M).
Long Term Liabilities: LC1's short term assets ($405.4M) exceed its long term liabilities ($77.2M).
Debt to Equity History and Analysis
Debt Level: LC1 is debt free.
Reducing Debt: LC1 has not had any debt for past 5 years.
Debt Coverage: LC1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LC1 has no debt, therefore coverage of interest payments is not a concern.