Landis+Gyr Group Balance Sheet Health
Financial Health criteria checks 5/6
Landis+Gyr Group has a total shareholder equity of $1.5B and total debt of $330.5M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are $2.5B and $979.7M respectively. Landis+Gyr Group's EBIT is $149.1M making its interest coverage ratio 7.8. It has cash and short-term investments of $111.5M.
Key information
21.7%
Debt to equity ratio
US$330.53m
Debt
| Interest coverage ratio | 7.8x |
| Cash | US$111.53m |
| Equity | US$1.52b |
| Total liabilities | US$979.67m |
| Total assets | US$2.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LANDZ's short term assets ($887.0M) exceed its short term liabilities ($498.6M).
Long Term Liabilities: LANDZ's short term assets ($887.0M) exceed its long term liabilities ($481.1M).
Debt to Equity History and Analysis
Debt Level: LANDZ's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: LANDZ's debt to equity ratio has increased from 7.7% to 21.7% over the past 5 years.
Debt Coverage: LANDZ's debt is well covered by operating cash flow (27.8%).
Interest Coverage: LANDZ's interest payments on its debt are well covered by EBIT (7.8x coverage).