Lennar Balance Sheet Health
Financial Health criteria checks 6/6
Lennar has a total shareholder equity of $24.6B and total debt of $5.2B, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are $36.6B and $12.0B respectively. Lennar's EBIT is $6.5B making its interest coverage ratio 338.7. It has cash and short-term investments of $4.1B.
Key information
21.3%
Debt to equity ratio
US$5.22b
Debt
| Interest coverage ratio | 338.7x |
| Cash | US$4.08b |
| Equity | US$24.56b |
| Total liabilities | US$12.02b |
| Total assets | US$36.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LENB *'s short term assets ($28.6B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: LENB *'s short term assets ($28.6B) exceed its long term liabilities ($9.7B).
Debt to Equity History and Analysis
Debt Level: LENB *'s net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: LENB *'s debt to equity ratio has reduced from 88% to 21.3% over the past 5 years.
Debt Coverage: LENB *'s debt is well covered by operating cash flow (82.7%).
Interest Coverage: LENB *'s interest payments on its debt are well covered by EBIT (338.7x coverage).