Lancashire Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Lancashire Holdings has a total shareholder equity of $1.6B and total debt of $446.8M, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are $4.0B and $2.5B respectively. Lancashire Holdings's EBIT is $418.0M making its interest coverage ratio 14.9. It has cash and short-term investments of $983.2M.
Key information
28.6%
Debt to equity ratio
US$446.80m
Debt
| Interest coverage ratio | 14.9x |
| Cash | US$983.20m |
| Equity | US$1.56b |
| Total liabilities | US$2.49b |
| Total assets | US$4.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LREL's short term assets ($1.5B) exceed its short term liabilities ($59.2M).
Long Term Liabilities: LREL's short term assets ($1.5B) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: LREL has more cash than its total debt.
Reducing Debt: LREL's debt to equity ratio has reduced from 29% to 28.6% over the past 5 years.
Debt Coverage: LREL's debt is well covered by operating cash flow (105.8%).
Interest Coverage: LREL's interest payments on its debt are well covered by EBIT (14.9x coverage).