LXI REIT Balance Sheet Health
Financial Health criteria checks 1/6
LXI REIT has a total shareholder equity of £2.0B and total debt of £1.2B, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are £3.6B and £1.6B respectively. LXI REIT's EBIT is £229.4M making its interest coverage ratio 2.8. It has cash and short-term investments of £102.0M.
Key information
62.3%
Debt to equity ratio
UK£1.24b
Debt
| Interest coverage ratio | 2.8x |
| Cash | UK£102.00m |
| Equity | UK£2.00b |
| Total liabilities | UK£1.63b |
| Total assets | UK£3.62b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LXI's short term assets (£233.6M) exceed its short term liabilities (£86.0M).
Long Term Liabilities: LXI's short term assets (£233.6M) do not cover its long term liabilities (£1.5B).
Debt to Equity History and Analysis
Debt Level: LXI's net debt to equity ratio (57.2%) is considered high.
Reducing Debt: LXI's debt to equity ratio has increased from 42.4% to 62.3% over the past 5 years.
Debt Coverage: LXI's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: LXI's interest payments on its debt are not well covered by EBIT (2.8x coverage).