Lenovo Group Balance Sheet Health
Financial Health criteria checks 5/6
Lenovo Group has a total shareholder equity of $6.1B and total debt of $3.6B, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are $39.5B and $33.4B respectively. Lenovo Group's EBIT is $1.6B making its interest coverage ratio 13.3. It has cash and short-term investments of $3.6B.
Key information
59.2%
Debt to equity ratio
US$3.62b
Debt
Interest coverage ratio | 13.3x |
Cash | US$3.57b |
Equity | US$6.11b |
Total liabilities | US$33.39b |
Total assets | US$39.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 992's short term assets ($23.2B) do not cover its short term liabilities ($26.7B).
Long Term Liabilities: 992's short term assets ($23.2B) exceed its long term liabilities ($6.7B).
Debt to Equity History and Analysis
Debt Level: 992's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 992's debt to equity ratio has reduced from 115.3% to 59.2% over the past 5 years.
Debt Coverage: 992's debt is well covered by operating cash flow (47.3%).
Interest Coverage: 992's interest payments on its debt are well covered by EBIT (13.3x coverage).