Louisiana-Pacific Balance Sheet Health
Financial Health criteria checks 5/6
Louisiana-Pacific has a total shareholder equity of $1.6B and total debt of $347.0M, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are $2.4B and $880.0M respectively. Louisiana-Pacific's EBIT is $343.0M making its interest coverage ratio -85.8. It has cash and short-term investments of $222.0M.
Key information
22.3%
Debt to equity ratio
US$347.00m
Debt
Interest coverage ratio | -85.8x |
Cash | US$222.00m |
Equity | US$1.56b |
Total liabilities | US$880.00m |
Total assets | US$2.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LP3's short term assets ($778.0M) exceed its short term liabilities ($259.0M).
Long Term Liabilities: LP3's short term assets ($778.0M) exceed its long term liabilities ($621.0M).
Debt to Equity History and Analysis
Debt Level: LP3's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: LP3's debt to equity ratio has increased from 20.6% to 22.3% over the past 5 years.
Debt Coverage: LP3's debt is well covered by operating cash flow (91.1%).
Interest Coverage: LP3 earns more interest than it pays, so coverage of interest payments is not a concern.