Landis+Gyr Group Balance Sheet Health
Financial Health criteria checks 5/6
Landis+Gyr Group has a total shareholder equity of $1.6B and total debt of $252.6M, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are $2.4B and $892.9M respectively. Landis+Gyr Group's EBIT is $154.4M making its interest coverage ratio 8.9. It has cash and short-term investments of $127.8M.
Key information
16.3%
Debt to equity ratio
US$252.56m
Debt
| Interest coverage ratio | 8.9x |
| Cash | US$127.84m |
| Equity | US$1.55b |
| Total liabilities | US$892.88m |
| Total assets | US$2.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LANDZ's short term assets ($811.6M) exceed its short term liabilities ($424.3M).
Long Term Liabilities: LANDZ's short term assets ($811.6M) exceed its long term liabilities ($468.6M).
Debt to Equity History and Analysis
Debt Level: LANDZ's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: LANDZ's debt to equity ratio has increased from 4.9% to 16.3% over the past 5 years.
Debt Coverage: LANDZ's debt is well covered by operating cash flow (48%).
Interest Coverage: LANDZ's interest payments on its debt are well covered by EBIT (8.9x coverage).