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
When Should You Buy LIXIL Corporation (TSE:5938)?
Oct 09
LIXIL (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).