Lear Balance Sheet Health
Financial Health criteria checks 5/6
Lear has a total shareholder equity of $4.8B and total debt of $2.6B, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are $13.8B and $8.9B respectively. Lear's EBIT is $824.1M making its interest coverage ratio 8.4. It has cash and short-term investments of $1.1B.
Key information
54.1%
Debt to equity ratio
US$2.61b
Debt
| Interest coverage ratio | 8.4x |
| Cash | US$1.12b |
| Equity | US$4.83b |
| Total liabilities | US$8.93b |
| Total assets | US$13.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LEA *'s short term assets ($7.0B) exceed its short term liabilities ($5.2B).
Long Term Liabilities: LEA *'s short term assets ($7.0B) exceed its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: LEA *'s net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: LEA *'s debt to equity ratio has increased from 43.9% to 54.1% over the past 5 years.
Debt Coverage: LEA *'s debt is well covered by operating cash flow (39.1%).
Interest Coverage: LEA *'s interest payments on its debt are well covered by EBIT (8.4x coverage).