LSI Industries Balance Sheet Health
Financial Health criteria checks 6/6
LSI Industries has a total shareholder equity of $192.9M and total debt of $21.5M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are $287.5M and $94.6M respectively. LSI Industries's EBIT is $37.2M making its interest coverage ratio 14. It has cash and short-term investments of $2.7M.
Key information
11.2%
Debt to equity ratio
US$21.52m
Debt
| Interest coverage ratio | 14x |
| Cash | US$2.66m |
| Equity | US$192.93m |
| Total liabilities | US$94.61m |
| Total assets | US$287.55m |
Recent financial health updates
Recent updates
LSI Industries: Net Sales Growth Expected, Restructuring Costs Increases, And Looking Cheap
Feb 02Earnings Beat: LSI Industries Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jan 28
LSI Industries' (NASDAQ:LYTS) Dividend Will Be $0.05
Nov 06Here's Why LSI Industries (NASDAQ:LYTS) Has Caught The Eye Of Investors
Nov 03At US$13.59, Is It Time To Put LSI Industries Inc. (NASDAQ:LYTS) On Your Watch List?
Mar 12With EPS Growth And More, LSI Industries (NASDAQ:LYTS) Makes An Interesting Case
Nov 03Volume Breakout Report: August 27, 2022 (Technical Analysis)
Aug 28LSI Industries (NASDAQ:LYTS) Has Affirmed Its Dividend Of $0.05
Aug 21LSI Industries declares $0.05 dividend
Aug 18Here's Why I Think LSI Industries (NASDAQ:LYTS) Is An Interesting Stock
Jun 14LSI Industries (NASDAQ:LYTS) Is Due To Pay A Dividend Of US$0.05
May 01LSI Industries (NASDAQ:LYTS) Seems To Use Debt Quite Sensibly
Mar 18LSI Industries (NASDAQ:LYTS) Has Re-Affirmed Its Dividend Of US$0.05
Jan 31LSI Industries (NASDAQ:LYTS) Has Affirmed Its Dividend Of US$0.05
Nov 06Shareholders Will Probably Hold Off On Increasing LSI Industries Inc.'s (NASDAQ:LYTS) CEO Compensation For The Time Being
Oct 27LSI Industries (NASDAQ:LYTS) Has Affirmed Its Dividend Of US$0.05
Aug 24LSI Industries: A Potentially Distracting Acquisition
Jun 16Analyst Forecasts For LSI Industries Inc. (NASDAQ:LYTS) Are Surging Higher
May 26Are Investors Undervaluing LSI Industries Inc. (NASDAQ:LYTS) By 47%?
Mar 09LSI Industries Inc.'s (NASDAQ:LYTS) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Feb 22Is LSI Industries Inc. (NASDAQ:LYTS) A Smart Choice For Dividend Investors?
Feb 08Income Investors Should Know That LSI Industries Inc. (NASDAQ:LYTS) Goes Ex-Dividend Soon
Jan 24
LSI Industries Inc.'s (NASDAQ:LYTS) 28% Jump Shows Its Popularity With Investors
Jan 23Financial Position Analysis
Short Term Liabilities: LYTS's short term assets ($141.4M) exceed its short term liabilities ($65.6M).
Long Term Liabilities: LYTS's short term assets ($141.4M) exceed its long term liabilities ($29.1M).
Debt to Equity History and Analysis
Debt Level: LYTS's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: LYTS's debt to equity ratio has reduced from 38.9% to 11.2% over the past 5 years.
Debt Coverage: LYTS's debt is well covered by operating cash flow (229.5%).
Interest Coverage: LYTS's interest payments on its debt are well covered by EBIT (14x coverage).