LGI Homes Balance Sheet Health
Financial Health criteria checks 3/6
LGI Homes has a total shareholder equity of $2.0B and total debt of $1.5B, which brings its debt-to-equity ratio to 77.4%. Its total assets and total liabilities are $3.8B and $1.8B respectively.
Key information
77.4%
Debt to equity ratio
US$1.55b
Debt
| Interest coverage ratio | n/a |
| Cash | US$60.90m |
| Equity | US$2.00b |
| Total liabilities | US$1.83b |
| Total assets | US$3.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JSI's short term assets ($3.5B) exceed its short term liabilities ($133.5M).
Long Term Liabilities: 0JSI's short term assets ($3.5B) exceed its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: 0JSI's net debt to equity ratio (74.4%) is considered high.
Reducing Debt: 0JSI's debt to equity ratio has reduced from 96.7% to 77.4% over the past 5 years.
Debt Coverage: 0JSI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 0JSI's interest payments on its debt are well covered by EBIT.