Legacy Housing Balance Sheet Health
Financial Health criteria checks 6/6
Legacy Housing has a total shareholder equity of $479.3M and total debt of $2.1M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are $521.4M and $42.1M respectively. Legacy Housing's EBIT is $57.8M making its interest coverage ratio -26.9. It has cash and short-term investments of $570.0K.
Key information
0.4%
Debt to equity ratio
US$2.11m
Debt
| Interest coverage ratio | -26.9x |
| Cash | US$570.00k |
| Equity | US$479.27m |
| Total liabilities | US$42.13m |
| Total assets | US$521.41m |
Recent financial health updates
Recent updates
Legacy Housing: Unlocking The Value Of Hidden Assets
Dec 11Legacy Housing Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Nov 15
Legacy Housing's (NASDAQ:LEGH) Returns Have Hit A Wall
Nov 08Legacy Housing: Little Homes Offer Solid Potential
Sep 03Little Excitement Around Legacy Housing Corporation's (NASDAQ:LEGH) Earnings
Aug 07Legacy Housing: An Affordable High-Quality Manufactured Home Builder
Jun 13Investors Met With Slowing Returns on Capital At Legacy Housing (NASDAQ:LEGH)
May 11Legacy Housing: Getting Ready For A Comeback
Apr 14Return Trends At Legacy Housing (NASDAQ:LEGH) Aren't Appealing
Nov 12What 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 20Financial Position Analysis
Short Term Liabilities: LEGH's short term assets ($112.5M) exceed its short term liabilities ($32.4M).
Long Term Liabilities: LEGH's short term assets ($112.5M) exceed its long term liabilities ($9.8M).
Debt to Equity History and Analysis
Debt Level: LEGH's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: LEGH's debt to equity ratio has reduced from 7.6% to 0.4% over the past 5 years.
Debt Coverage: LEGH's debt is well covered by operating cash flow (940.2%).
Interest Coverage: LEGH earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 07:45 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Legacy Housing Corporation is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Rygiel | B. Riley Securities, Inc. |
| Daniel Moore | CJS Securities, Inc. |
| Timothy Moore | D. Boral Capital LLC. |