LSI Industries Balance Sheet Health
Financial Health criteria checks 6/6
LSI Industries has a total shareholder equity of $198.4M and total debt of $16.4M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are $288.0M and $89.5M respectively. LSI Industries's EBIT is $37.3M making its interest coverage ratio 19.5. It has cash and short-term investments of $7.2M.
Key information
8.2%
Debt to equity ratio
US$16.35m
Debt
Interest coverage ratio | 19.5x |
Cash | US$7.18m |
Equity | US$198.44m |
Total liabilities | US$89.53m |
Total assets | US$287.97m |
Recent financial health updates
Recent updates
LSI Industries: A Company With Great Potential At An Attractive Valuation
May 31LSI 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 28LSI 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 08Financial Position Analysis
Short Term Liabilities: LYTS's short term assets ($143.5M) exceed its short term liabilities ($66.3M).
Long Term Liabilities: LYTS's short term assets ($143.5M) exceed its long term liabilities ($23.3M).
Debt to Equity History and Analysis
Debt Level: LYTS's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: LYTS's debt to equity ratio has reduced from 36.4% to 8.2% over the past 5 years.
Debt Coverage: LYTS's debt is well covered by operating cash flow (301.7%).
Interest Coverage: LYTS's interest payments on its debt are well covered by EBIT (19.5x coverage).