Lear Balance Sheet Health
Financial Health criteria checks 5/6
Lear has a total shareholder equity of $5.1B and total debt of $2.8B, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are $14.7B and $9.6B respectively. Lear's EBIT is $1.1B making its interest coverage ratio 10.4. It has cash and short-term investments of $1.2B.
Key information
54.7%
Debt to equity ratio
US$2.77b
Debt
Interest coverage ratio | 10.4x |
Cash | US$1.20b |
Equity | US$5.06b |
Total liabilities | US$9.63b |
Total assets | US$14.70b |
Recent financial health updates
Does Lear (NYSE:LEA) Have A Healthy Balance Sheet?
Feb 29These 4 Measures Indicate That Lear (NYSE:LEA) Is Using Debt Reasonably Well
Nov 11These 4 Measures Indicate That Lear (NYSE:LEA) Is Using Debt Reasonably Well
Aug 02Lear (NYSE:LEA) Takes On Some Risk With Its Use Of Debt
Apr 24Lear (NYSE:LEA) Takes On Some Risk With Its Use Of Debt
Jan 15Here's Why Lear (NYSE:LEA) Has A Meaningful Debt Burden
Sep 30Recent updates
With EPS Growth And More, Lear (NYSE:LEA) Makes An Interesting Case
Mar 28Does Lear (NYSE:LEA) Have A Healthy Balance Sheet?
Feb 29The Strong Earnings Posted By Lear (NYSE:LEA) Are A Good Indication Of The Strength Of The Business
Feb 16Lear Corporation Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next
Feb 09Lear: Focus On Below-Expectations Guidance And Attractive Shareholder Yield (Rating Downgrade)
Feb 08Returns On Capital At Lear (NYSE:LEA) Paint A Concerning Picture
Feb 02Estimating The Fair Value Of Lear Corporation (NYSE:LEA)
Jan 20Take Care Before Diving Into The Deep End On Lear Corporation (NYSE:LEA)
Jan 04Lear: Market Leader With An Impressive FCF Yield
Nov 30Lear's (NYSE:LEA) Dividend Will Be $0.77
Nov 20These 4 Measures Indicate That Lear (NYSE:LEA) Is Using Debt Reasonably Well
Nov 11Here's What's Concerning About Lear's (NYSE:LEA) Returns On Capital
Oct 27Lear Should Outperform The Auto Industry, Its Stock Is Cheap
Oct 11Why Lear Corporation (NYSE:LEA) Could Be Worth Watching
Oct 10Here's Why Lear (NYSE:LEA) Has Caught The Eye Of Investors
Sep 12Lear Insiders Are Out. Should You Be?
Aug 30Lear (NYSE:LEA) Has Affirmed Its Dividend Of $0.77
Aug 14These 4 Measures Indicate That Lear (NYSE:LEA) Is Using Debt Reasonably Well
Aug 02Lear: Eyes On Updated Guidance And New Products
Jul 17Investors Could Be Concerned With Lear's (NYSE:LEA) Returns On Capital
Jul 06Is There An Opportunity With Lear Corporation's (NYSE:LEA) 36% Undervaluation?
Jun 18What Is Lear Corporation's (NYSE:LEA) Share Price Doing?
May 21Lear (NYSE:LEA) Takes On Some Risk With Its Use Of Debt
Apr 24Investors Could Be Concerned With Lear's (NYSE:LEA) Returns On Capital
Mar 27A Look At The Intrinsic Value Of Lear Corporation (NYSE:LEA)
Mar 13Lear (NYSE:LEA) Is Due To Pay A Dividend Of $0.77
Feb 23Lear declares $0.77 dividend
Feb 17Is There Now An Opportunity In Lear Corporation (NYSE:LEA)?
Feb 12Lear Q4 2022 Earnings Preview
Feb 01Lear (NYSE:LEA) Takes On Some Risk With Its Use Of Debt
Jan 15The Returns On Capital At Lear (NYSE:LEA) Don't Inspire Confidence
Dec 19Lear (NYSE:LEA) Is Due To Pay A Dividend Of $0.77
Nov 19Lear declares $0.77 dividend
Nov 15Is Now The Time To Look At Buying Lear Corporation (NYSE:LEA)?
Nov 03Lear Q3 2022 Earnings Preview
Oct 31Lear Corp.: GM Partnership And Earnings Outlook In The Limelight
Oct 18Here's Why Lear (NYSE:LEA) Has A Meaningful Debt Burden
Sep 30Lear to supply electrification technologies for General Motors' Ultium battery platform
Sep 14Investors Could Be Concerned With Lear's (NYSE:LEA) Returns On Capital
Aug 23Financial Position Analysis
Short Term Liabilities: LEA's short term assets ($7.6B) exceed its short term liabilities ($5.7B).
Long Term Liabilities: LEA's short term assets ($7.6B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: LEA's net debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: LEA's debt to equity ratio has increased from 43.3% to 54.7% over the past 5 years.
Debt Coverage: LEA's debt is well covered by operating cash flow (45.1%).
Interest Coverage: LEA's interest payments on its debt are well covered by EBIT (10.4x coverage).