Lee Enterprises Balance Sheet Health
Financial Health criteria checks 1/6
Lee Enterprises has a total shareholder equity of $22.2M and total debt of $454.2M, which brings its debt-to-equity ratio to 2046.7%. Its total assets and total liabilities are $702.5M and $680.3M respectively. Lee Enterprises's EBIT is $56.1M making its interest coverage ratio 1.4. It has cash and short-term investments of $15.4M.
Key information
2,046.7%
Debt to equity ratio
US$454.16m
Debt
Interest coverage ratio | 1.4x |
Cash | US$15.37m |
Equity | US$22.19m |
Total liabilities | US$680.32m |
Total assets | US$702.51m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LE70's short term assets ($105.9M) do not cover its short term liabilities ($112.6M).
Long Term Liabilities: LE70's short term assets ($105.9M) do not cover its long term liabilities ($567.7M).
Debt to Equity History and Analysis
Debt Level: LE70's net debt to equity ratio (1977.4%) is considered high.
Reducing Debt: LE70 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: LE70's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LE70's interest payments on its debt are not well covered by EBIT (1.4x coverage).