Lindsay Balance Sheet Health
Financial Health criteria checks 6/6
Lindsay has a total shareholder equity of $483.0M and total debt of $115.3M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are $765.3M and $282.2M respectively. Lindsay's EBIT is $93.1M making its interest coverage ratio -127. It has cash and short-term investments of $150.6M.
Key information
23.9%
Debt to equity ratio
US$115.30m
Debt
| Interest coverage ratio | -127x |
| Cash | US$150.63m |
| Equity | US$483.03m |
| Total liabilities | US$282.25m |
| Total assets | US$765.28m |
Recent financial health updates
Is Lindsay (NYSE:LNN) A Risky Investment?
Mar 09
Is Lindsay (NYSE:LNN) A Risky Investment?
Aug 17These 4 Measures Indicate That Lindsay (NYSE:LNN) Is Using Debt Reasonably Well
Dec 19Is Lindsay (NYSE:LNN) Using Too Much Debt?
Apr 29Recent updates
Lindsay Corporation Just Recorded A 5.5% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 07Lindsay Corporation: Downgrading Shares On Weak Farm Income
Apr 02Returns Are Gaining Momentum At Lindsay (NYSE:LNN)
Mar 28Is Lindsay (NYSE:LNN) A Risky Investment?
Mar 09Lindsay (NYSE:LNN) Has Affirmed Its Dividend Of $0.35
Jan 15Lindsay Corporation: Bottom Is In Place
Jan 13Some Investors May Be Willing To Look Past Lindsay's (NYSE:LNN) Soft Earnings
Jan 12Unpleasant Surprises Could Be In Store For Lindsay Corporation's (NYSE:LNN) Shares
Jan 04Lindsay (NYSE:LNN) Is Experiencing Growth In Returns On Capital
Dec 14Lindsay (NYSE:LNN) Has Announced That It Will Be Increasing Its Dividend To $0.35
Oct 22Lindsay Stock: Exceeds Q4 Expectations, Still Maintaining My Hold Rating
Oct 20Lindsay: Near-Term Headwinds Keep Me On The Sidelines (Rating Downgrade)
Sep 28Lindsay (NYSE:LNN) Is Looking To Continue Growing Its Returns On Capital
Sep 08Is Lindsay (NYSE:LNN) A Risky Investment?
Aug 17Lindsay (NYSE:LNN) Is Increasing Its Dividend To $0.35
Aug 01Lindsay: Overvalued With Declining Revenues
Jul 14Lindsay (NYSE:LNN) Is Paying Out A Larger Dividend Than Last Year
Jul 10Lindsay Corporation: An Upgrade Is In Order
Jun 20A Look At The Intrinsic Value Of Lindsay Corporation (NYSE:LNN)
Jun 03Here's Why We Think Lindsay (NYSE:LNN) Is Well Worth Watching
Apr 27Estimating The Fair Value Of Lindsay Corporation (NYSE:LNN)
Feb 24Lindsay Corporation Looks Attractive At The Current Levels
Jan 27Lindsay declares $0.34 dividend
Jan 13Lindsay Q1 2023 Earnings Preview
Jan 04Lindsay (NYSE:LNN) Is Experiencing Growth In Returns On Capital
Jan 04These 4 Measures Indicate That Lindsay (NYSE:LNN) Is Using Debt Reasonably Well
Dec 19Lindsay and Ceres Imaging announce partnership
Dec 19Calculating The Intrinsic Value Of Lindsay Corporation (NYSE:LNN)
Nov 21Here's Why We Think Lindsay (NYSE:LNN) Is Well Worth Watching
Nov 08Lindsay GAAP EPS of $1.62 beats by $0.26, revenue of $190.2M beats by $11.16M
Oct 20Lindsay (NYSE:LNN) Might Have The Makings Of A Multi-Bagger
Oct 04Lindsay (NYSE:LNN) Is Increasing Its Dividend To $0.34
Jul 18Lindsay (NYSE:LNN) Is Increasing Its Dividend To US$0.34
Jul 04Lindsay GAAP EPS of $2.28 beats by $0.68, revenue of $214.3M beats by $25.35M
Jun 30Is There An Opportunity With Lindsay Corporation's (NYSE:LNN) 38% Undervaluation?
Jun 28Lindsay: Overpriced Despite Recent Performance
Jun 23Lindsay (NYSE:LNN) Is Due To Pay A Dividend Of US$0.33
May 08Is Lindsay (NYSE:LNN) Using Too Much Debt?
Apr 29Lindsay (NYSE:LNN) Has Re-Affirmed Its Dividend Of US$0.33
Apr 09Returns On Capital Are Showing Encouraging Signs At Lindsay (NYSE:LNN)
Apr 05Financial Position Analysis
Short Term Liabilities: LNN's short term assets ($500.7M) exceed its short term liabilities ($129.3M).
Long Term Liabilities: LNN's short term assets ($500.7M) exceed its long term liabilities ($153.0M).
Debt to Equity History and Analysis
Debt Level: LNN has more cash than its total debt.
Reducing Debt: LNN's debt to equity ratio has reduced from 42.9% to 23.9% over the past 5 years.
Debt Coverage: LNN's debt is well covered by operating cash flow (107.5%).
Interest Coverage: LNN earns more interest than it pays, so coverage of interest payments is not a concern.