Leslie's Balance Sheet Health
Financial Health criteria checks 0/6
Leslie's has a total shareholder equity of $-177.1M and total debt of $777.2M, which brings its debt-to-equity ratio to -438.7%. Its total assets and total liabilities are $1.1B and $1.2B respectively. Leslie's's EBIT is $67.0M making its interest coverage ratio 1. It has cash and short-term investments of $108.5M.
Key information
-438.7%
Debt to equity ratio
US$777.17m
Debt
| Interest coverage ratio | 1x |
| Cash | US$108.51m |
| Equity | -US$177.15m |
| Total liabilities | US$1.23b |
| Total assets | US$1.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LE3 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LE3 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: LE3 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LE3's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LE3's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: LE3's interest payments on its debt are not well covered by EBIT (1x coverage).