Legacy Housing Balance Sheet Health
Financial Health criteria checks 5/6
Legacy Housing has a total shareholder equity of $436.7M and total debt of $23.7M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are $506.7M and $70.0M respectively. Legacy Housing's EBIT is $64.6M making its interest coverage ratio -30.9. It has cash and short-term investments of $748.0K.
Key information
5.4%
Debt to equity ratio
US$23.68m
Debt
| Interest coverage ratio | -30.9x |
| Cash | US$748.00k |
| Equity | US$436.74m |
| Total liabilities | US$70.01m |
| Total assets | US$506.74m |
Recent financial health updates
Recent updates
Legacy Housing: Getting Ready For A Comeback
Apr 14Return Trends At Legacy Housing (NASDAQ:LEGH) Aren't Appealing
Nov 12
What Does Legacy Housing Corporation's (NASDAQ:LEGH) Share Price Indicate?
Sep 09Returns On Capital At Legacy Housing (NASDAQ:LEGH) Have Hit The Brakes
Jun 08Is Legacy Housing (NASDAQ:LEGH) A Risky Investment?
Nov 08Legacy Housing GAAP EPS of $1.35, revenue of $124.1M
Sep 26Legacy Housing receives non-compliance notification for delayed quarterly report filing
Aug 15Does Legacy Housing (NASDAQ:LEGH) Deserve A Spot On Your Watchlist?
Feb 24Legacy Housing (NASDAQ:LEGH) Shareholders Will Want The ROCE Trajectory To Continue
Feb 06Legacy Housing Corporation Continues To Deliver
Jan 06When Should You Buy Legacy Housing Corporation (NASDAQ:LEGH)?
Nov 07Legacy Housing Corporation: Don't Ignore This Mobile Home Gem
Aug 20Legacy Housing EPS misses by $0.01, beats on revenue
May 11Legacy Housing Corporation Could Be A Legendary Company
May 08We Think Legacy Housing (NASDAQ:LEGH) Can Stay On Top Of Its Debt
Mar 11Can You Imagine How Legacy Housing's (NASDAQ:LEGH) Shareholders Feel About The 17% Share Price Increase?
Feb 24Is Legacy Housing Corporation's (NASDAQ:LEGH) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 09
Should You Investigate Legacy Housing Corporation (NASDAQ:LEGH) At US$15.20?
Jan 22Should We Be Excited About The Trends Of Returns At Legacy Housing (NASDAQ:LEGH)?
Jan 05What You Need To Know About Legacy Housing Corporation's (NASDAQ:LEGH) Investor Composition
Dec 15Financial Position Analysis
Short Term Liabilities: LEGH's short term assets ($107.9M) exceed its short term liabilities ($37.3M).
Long Term Liabilities: LEGH's short term assets ($107.9M) exceed its long term liabilities ($32.7M).
Debt to Equity History and Analysis
Debt Level: LEGH's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: LEGH's debt to equity ratio has reduced from 9.3% to 5.4% over the past 5 years.
Debt Coverage: LEGH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LEGH earns more interest than it pays, so coverage of interest payments is not a concern.