Lear Balance Sheet Health
Financial Health criteria checks 4/6
Lear has a total shareholder equity of $4.9B and total debt of $2.8B, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are $14.8B and $9.9B respectively. Lear's EBIT is $1.0B making its interest coverage ratio 10. It has cash and short-term investments of $770.5M.
Key information
57.2%
Debt to equity ratio
US$2.80b
Debt
| Interest coverage ratio | 10x |
| Cash | US$770.50m |
| Equity | US$4.89b |
| Total liabilities | US$9.92b |
| Total assets | US$14.82b |
Recent financial health updates
Does Lear (NYSE:LEA) Have A Healthy Balance Sheet?
Sep 19
Lear (NYSE:LEA) Has A Pretty Healthy Balance Sheet
Jun 06Does Lear (NYSE:LEA) Have A Healthy Balance Sheet?
Feb 29Recent updates
Lear Corporation's (NYSE:LEA) Shares Not Telling The Full Story
Dec 11When Should You Buy Lear Corporation (NYSE:LEA)?
Nov 13Lear Corporation: Undervalued With Significant Upside Potential
Oct 29Lear (NYSE:LEA) Will Be Hoping To Turn Its Returns On Capital Around
Oct 19Lear Corporation's (NYSE:LEA) Intrinsic Value Is Potentially 96% Above Its Share Price
Oct 04Lear Corporation: From Overvalued To Undervalued - Now It's A Buy
Sep 26Does Lear (NYSE:LEA) Have A Healthy Balance Sheet?
Sep 19Many Still Looking Away From Lear Corporation (NYSE:LEA)
Sep 04Lear (NYSE:LEA) Is Paying Out A Dividend Of $0.77
Aug 20Should You Investigate Lear Corporation (NYSE:LEA) At US$121?
Jul 31Lear: Watch Capital Allocation Moves And Q2 Performance Closely
Jul 03Lear (NYSE:LEA) May Have Issues Allocating Its Capital
Jun 19Lear (NYSE:LEA) Has A Pretty Healthy Balance Sheet
Jun 06Lear (NYSE:LEA) Has Announced A Dividend Of $0.77
May 22It's A Story Of Risk Vs Reward With Lear Corporation (NYSE:LEA)
Apr 23Lear: Still Neutral Considering Upcoming Q1 Results And Mid-Term Prospects
Apr 22With 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 Should Outperform The Auto Industry, Its Stock Is Cheap
Oct 11Lear Insiders Are Out. Should You Be?
Aug 30Lear: Eyes On Updated Guidance And New Products
Jul 17Lear declares $0.77 dividend
Feb 17Financial Position Analysis
Short Term Liabilities: LEA's short term assets ($7.8B) exceed its short term liabilities ($5.9B).
Long Term Liabilities: LEA's short term assets ($7.8B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: LEA's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: LEA's debt to equity ratio has increased from 51.9% to 57.2% over the past 5 years.
Debt Coverage: LEA's debt is well covered by operating cash flow (36.1%).
Interest Coverage: LEA's interest payments on its debt are well covered by EBIT (10x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 23:47 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lear Corporation is covered by 40 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| David Leiker | Baird |
| Ishan Majumdar | Baptista Research |