Littelfuse Balance Sheet Health
Financial Health criteria checks 6/6
Littelfuse has a total shareholder equity of $2.5B and total debt of $866.7M, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are $3.9B and $1.5B respectively. Littelfuse's EBIT is $324.1M making its interest coverage ratio 8.1. It has cash and short-term investments of $562.4M.
Key information
35.1%
Debt to equity ratio
US$866.67m
Debt
Interest coverage ratio | 8.1x |
Cash | US$562.38m |
Equity | US$2.47b |
Total liabilities | US$1.47b |
Total assets | US$3.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFS's short term assets ($1.4B) exceed its short term liabilities ($405.0M).
Long Term Liabilities: LFS's short term assets ($1.4B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: LFS's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: LFS's debt to equity ratio has reduced from 45.6% to 35.1% over the past 5 years.
Debt Coverage: LFS's debt is well covered by operating cash flow (53.2%).
Interest Coverage: LFS's interest payments on its debt are well covered by EBIT (8.1x coverage).