Louisiana-Pacific Balance Sheet Health
Financial Health criteria checks 6/6
Louisiana-Pacific has a total shareholder equity of $1.7B and total debt of $347.0M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are $2.6B and $910.0M respectively. Louisiana-Pacific's EBIT is $543.0M making its interest coverage ratio -67.9. It has cash and short-term investments of $346.0M.
Key information
20.8%
Debt to equity ratio
US$347.00m
Debt
| Interest coverage ratio | -67.9x |
| Cash | US$346.00m |
| Equity | US$1.67b |
| Total liabilities | US$910.00m |
| Total assets | US$2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LP3's short term assets ($885.0M) exceed its short term liabilities ($303.0M).
Long Term Liabilities: LP3's short term assets ($885.0M) exceed its long term liabilities ($607.0M).
Debt to Equity History and Analysis
Debt Level: LP3's net debt to equity ratio (0.06%) is considered satisfactory.
Reducing Debt: LP3's debt to equity ratio has reduced from 28.5% to 20.8% over the past 5 years.
Debt Coverage: LP3's debt is well covered by operating cash flow (189.9%).
Interest Coverage: LP3 earns more interest than it pays, so coverage of interest payments is not a concern.