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
LCI Industries (NYSE:LCII) Has A Somewhat Strained Balance Sheet
Jan 21
Is LCI Industries (NYSE:LCII) Using Too Much Debt?
Oct 09We Think LCI Industries (NYSE:LCII) Is Taking Some Risk With Its Debt
May 19LCI Industries (NYSE:LCII) Seems To Use Debt Quite Sensibly
Jan 31LCI Industries (NYSE:LCII) Has A Pretty Healthy Balance Sheet
Oct 21Is LCI Industries (NYSE:LCII) A Risky Investment?
Jul 11Recent updates
LCI Industries' (NYSE:LCII) Share Price Not Quite Adding Up
Apr 16LCI Industries' (NYSE:LCII) Dividend Will Be $1.05
Feb 24There May Be Some Bright Spots In LCI Industries' (NYSE:LCII) Earnings
Feb 21LCI Industries: Early Signs Of A Turnaround Are Encouraging
Feb 07Returns On Capital At LCI Industries (NYSE:LCII) Paint A Concerning Picture
Feb 05LCI Industries (NYSE:LCII) Has A Somewhat Strained Balance Sheet
Jan 21The Price Is Right For LCI Industries (NYSE:LCII)
Jan 06LCI Industries (NYSE:LCII) Has Affirmed Its Dividend Of $1.05
Nov 20Is There Now An Opportunity In LCI Industries (NYSE:LCII)?
Nov 15LCI Industries: Temporary Headwinds Cloud Long-Term Earnings Level
Nov 03There Are Reasons To Feel Uneasy About LCI Industries' (NYSE:LCII) Returns On Capital
Oct 27Is LCI Industries (NYSE:LCII) Using Too Much Debt?
Oct 09LCI Industries (NYSE:LCII) Has Affirmed Its Dividend Of $1.05
Aug 28Is Now The Time To Look At Buying LCI Industries (NYSE:LCII)?
Aug 11LCI Industries: More Temporary Pain Likely To Be Seen In Q2 Earnings
Aug 06Investors Could Be Concerned With LCI Industries' (NYSE:LCII) Returns On Capital
Jul 21LCI Industries (NYSE:LCII) Will Pay A Dividend Of $1.05
May 22We Think LCI Industries (NYSE:LCII) Is Taking Some Risk With Its Debt
May 19Is There Now An Opportunity In LCI Industries (NYSE:LCII)?
May 04LCI Industries (NYSE:LCII) May Have Issues Allocating Its Capital
Apr 17Here's Why We Think LCI Industries (NYSE:LCII) Might Deserve Your Attention Today
Mar 21LCI declares $1.05 dividend
Feb 21LCI GAAP EPS of -$0.68 misses by $0.30, revenue of $894.3M misses by $18.16M
Feb 14Calculating The Fair Value Of LCI Industries (NYSE:LCII)
Feb 14LCI Industries (NYSE:LCII) Seems To Use Debt Quite Sensibly
Jan 31Should You Investigate LCI Industries (NYSE:LCII) At US$110?
Jan 15Why You Should Care About LCI Industries' (NYSE:LCII) Strong Returns On Capital
Dec 03LCI Q3 2022 Earnings Preview
Oct 31LCI Industries (NYSE:LCII) Has A Pretty Healthy Balance Sheet
Oct 21Why LCI Industries (NYSE:LCII) Could Be Worth Watching
Oct 06Estimating The Fair Value Of LCI Industries (NYSE:LCII)
Sep 23LCI Industries Stock: Still A Promising Risk-To-Reward Prospect
Sep 19LCI Industries (NYSE:LCII) Is Aiming To Keep Up Its Impressive Returns
Aug 30LCI Industries declares $1.05 dividend
Aug 22Here's Why We Think LCI Industries (NYSE:LCII) Is Well Worth Watching
Jul 25Is LCI Industries (NYSE:LCII) A Risky Investment?
Jul 11LCI Industries: Recent Declines Ignore Real Strength
Jul 06Is It Time To Consider Buying LCI Industries (NYSE:LCII)?
Jun 26An Intrinsic Calculation For LCI Industries (NYSE:LCII) Suggests It's 37% Undervalued
Jun 14LCI Industries (NYSE:LCII) Is Increasing Its Dividend To US$1.05
May 23Financial 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).