LIXIL Balance Sheet Health
Financial Health criteria checks 3/6
LIXIL has a total shareholder equity of ¥613.6B and total debt of ¥596.5B, which brings its debt-to-equity ratio to 97.2%. Its total assets and total liabilities are ¥1,814.6B and ¥1,201.0B respectively. LIXIL's EBIT is ¥22.3B making its interest coverage ratio 2.5. It has cash and short-term investments of ¥107.1B.
Key information
97.2%
Debt to equity ratio
JP¥596.51b
Debt
| Interest coverage ratio | 2.5x |
| Cash | JP¥107.09b |
| Equity | JP¥613.64b |
| Total liabilities | JP¥1.20t |
| Total assets | JP¥1.81t |
Recent financial health updates
Recent updates
LIXIL (TSE:5938) Has Affirmed Its Dividend Of ¥45.00
Dec 29
LIXIL (TSE:5938) Is Paying Out A Dividend Of ¥45.00
Dec 15LIXIL (TSE:5938) Is Due To Pay A Dividend Of ¥45.00
Nov 30When Should You Buy LIXIL Corporation (TSE:5938)?
Oct 09LIXIL (TSE:5938) Will Pay A Dividend Of ¥45.00
Sep 20The Price Is Right For LIXIL Corporation (TSE:5938)
Sep 04LIXIL (TSE:5938) Has Announced A Dividend Of ¥45.00
Jul 26LIXIL (TSE:5938) Has Announced A Dividend Of ¥45.00
Jul 11Investors Met With Slowing Returns on Capital At LIXIL (TSE:5938)
Jun 24Does LIXIL (TSE:5938) Have A Healthy Balance Sheet?
Jun 08Are LIXIL Corporation (TSE:5938) Investors Paying Above The Intrinsic Value?
May 22Why Investors Shouldn't Be Surprised By LIXIL Corporation's (TSE:5938) P/E
Apr 05LIXIL (TSE:5938) Is Paying Out A Dividend Of ¥45.00
Mar 21Returns On Capital Signal Difficult Times Ahead For LIXIL (TSE:5938)
Mar 18LIXIL (TSE:5938) Is Due To Pay A Dividend Of ¥45.00
Feb 26Financial Position Analysis
Short Term Liabilities: 5938's short term assets (¥684.4B) exceed its short term liabilities (¥551.1B).
Long Term Liabilities: 5938's short term assets (¥684.4B) exceed its long term liabilities (¥649.9B).
Debt to Equity History and Analysis
Debt Level: 5938's net debt to equity ratio (79.8%) is considered high.
Reducing Debt: 5938's debt to equity ratio has reduced from 111.1% to 97.2% over the past 5 years.
Debt Coverage: 5938's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 5938's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/01 21:29 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
LIXIL Corporation is covered by 22 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Takashi Hashimoto | Barclays |
| Tomoyoshi Omuro | BofA Global Research |
| Masashi Miki | Citigroup Inc |