LXP Industrial Trust Balance Sheet Health
Financial Health criteria checks 2/6
LXP Industrial Trust has a total shareholder equity of $2.3B and total debt of $1.8B, which brings its debt-to-equity ratio to 78.2%. Its total assets and total liabilities are $4.2B and $1.9B respectively. LXP Industrial Trust's EBIT is $62.3M making its interest coverage ratio 1.4. It has cash and short-term investments of $208.7M.
Key information
78.2%
Debt to equity ratio
US$1.77b
Debt
Interest coverage ratio | 1.4x |
Cash | US$208.72m |
Equity | US$2.27b |
Total liabilities | US$1.93b |
Total assets | US$4.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LXN's short term assets ($367.3M) exceed its short term liabilities ($114.6M).
Long Term Liabilities: LXN's short term assets ($367.3M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: LXN's net debt to equity ratio (69%) is considered high.
Reducing Debt: LXN's debt to equity ratio has reduced from 110.8% to 78.2% over the past 5 years.
Debt Coverage: LXN's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: LXN's interest payments on its debt are not well covered by EBIT (1.4x coverage).