Lear Balance Sheet Health
Financial Health criteria checks 5/6
Lear has a total shareholder equity of $4.9B and total debt of $2.8B, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are $14.7B and $9.8B respectively. Lear's EBIT is $1.0B making its interest coverage ratio 10.1. It has cash and short-term investments of $956.5M.
Key information
56.4%
Debt to equity ratio
US$2.77b
Debt
| Interest coverage ratio | 10.1x |
| Cash | US$956.50m |
| Equity | US$4.91b |
| Total liabilities | US$9.77b |
| Total assets | US$14.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JTQ's short term assets ($7.8B) exceed its short term liabilities ($5.8B).
Long Term Liabilities: 0JTQ's short term assets ($7.8B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: 0JTQ's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: 0JTQ's debt to equity ratio has increased from 51.1% to 56.4% over the past 5 years.
Debt Coverage: 0JTQ's debt is well covered by operating cash flow (44.4%).
Interest Coverage: 0JTQ's interest payments on its debt are well covered by EBIT (10.1x coverage).