LCI Industries Balance Sheet Health
Financial Health criteria checks 3/6
LCI Industries has a total shareholder equity of $1.4B and total debt of $847.4M, which brings its debt-to-equity ratio to 62.5%. Its total assets and total liabilities are $3.0B and $1.6B respectively. LCI Industries's EBIT is $123.4M making its interest coverage ratio 3.1. It has cash and short-term investments of $66.2M.
Key information
62.5%
Debt to equity ratio
US$847.42m
Debt
Interest coverage ratio | 3.1x |
Cash | US$66.16m |
Equity | US$1.36b |
Total liabilities | US$1.60b |
Total assets | US$2.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LCII *'s short term assets ($1.1B) exceed its short term liabilities ($395.0M).
Long Term Liabilities: LCII *'s short term assets ($1.1B) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: LCII *'s net debt to equity ratio (57.7%) is considered high.
Reducing Debt: LCII *'s debt to equity ratio has increased from 41.6% to 62.5% over the past 5 years.
Debt Coverage: LCII *'s debt is well covered by operating cash flow (62.2%).
Interest Coverage: LCII *'s interest payments on its debt are well covered by EBIT (3.1x coverage).