Legrand Balance Sheet Health
Financial Health criteria checks 4/6
Legrand has a total shareholder equity of €6.8B and total debt of €5.3B, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are €15.8B and €9.0B respectively. Legrand's EBIT is €1.6B making its interest coverage ratio 49.5. It has cash and short-term investments of €2.1B.
Key information
73.7%
Debt to equity ratio
€5.04b
Debt
| Interest coverage ratio | 21.2x |
| Cash | €1.84b |
| Equity | €6.84b |
| Total liabilities | €8.34b |
| Total assets | €15.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LR N's short term assets (€5.2B) exceed its short term liabilities (€3.1B).
Long Term Liabilities: LR N's short term assets (€5.2B) do not cover its long term liabilities (€5.9B).
Debt to Equity History and Analysis
Debt Level: LR N's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: LR N's debt to equity ratio has reduced from 82.9% to 77.3% over the past 5 years.
Debt Coverage: LR N's debt is well covered by operating cash flow (28.3%).
Interest Coverage: LR N's interest payments on its debt are well covered by EBIT (49.5x coverage).