LIXIL Balance Sheet Health
Financial Health criteria checks 3/6
LIXIL has a total shareholder equity of ¥644.3B and total debt of ¥615.4B, which brings its debt-to-equity ratio to 95.5%. Its total assets and total liabilities are ¥1,886.6B and ¥1,242.3B respectively. LIXIL's EBIT is ¥16.4B making its interest coverage ratio 1.7. It has cash and short-term investments of ¥124.5B.
Key information
95.5%
Debt to equity ratio
JP¥615.42b
Debt
Interest coverage ratio | 1.7x |
Cash | JP¥124.49b |
Equity | JP¥644.34b |
Total liabilities | JP¥1.24t |
Total assets | JP¥1.89t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JSGR.Y's short term assets (¥730.8B) exceed its short term liabilities (¥594.6B).
Long Term Liabilities: JSGR.Y's short term assets (¥730.8B) exceed its long term liabilities (¥647.7B).
Debt to Equity History and Analysis
Debt Level: JSGR.Y's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: JSGR.Y's debt to equity ratio has reduced from 121.6% to 95.5% over the past 5 years.
Debt Coverage: JSGR.Y's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: JSGR.Y's interest payments on its debt are not well covered by EBIT (1.7x coverage).