LIXIL Balance Sheet Health
Financial Health criteria checks 3/6
LIXIL has a total shareholder equity of ¥644.3B and total debt of ¥615.4B, which brings its debt-to-equity ratio to 95.5%. Its total assets and total liabilities are ¥1,886.6B and ¥1,242.3B respectively. LIXIL's EBIT is ¥19.1B making its interest coverage ratio 2.6. It has cash and short-term investments of ¥137.5B.
Key information
95.5%
Debt to equity ratio
JP¥615.42b
Debt
| Interest coverage ratio | 2.6x |
| Cash | JP¥137.51b |
| Equity | JP¥644.34b |
| Total liabilities | JP¥1.24t |
| Total assets | JP¥1.89t |
Recent financial health updates
Recent updates
LIXIL (TSE:5938) Has Announced A Dividend Of ¥45.00
Jul 11
Investors 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 (¥730.8B) exceed its short term liabilities (¥594.6B).
Long Term Liabilities: 5938's short term assets (¥730.8B) exceed its long term liabilities (¥647.7B).
Debt to Equity History and Analysis
Debt Level: 5938's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: 5938's debt to equity ratio has reduced from 121.6% to 95.5% over the past 5 years.
Debt Coverage: 5938's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 5938's interest payments on its debt are not well covered by EBIT (2.6x coverage).