LGI Homes Balance Sheet Health
Financial Health criteria checks 3/6
LGI Homes has a total shareholder equity of $1.9B and total debt of $1.4B, which brings its debt-to-equity ratio to 74%. Its total assets and total liabilities are $3.5B and $1.7B respectively.
Key information
74.0%
Debt to equity ratio
US$1.38b
Debt
| Interest coverage ratio | n/a |
| Cash | US$49.00m |
| Equity | US$1.87b |
| Total liabilities | US$1.65b |
| Total assets | US$3.52b |
Recent financial health updates
LGI Homes (NASDAQ:LGIH) Takes On Some Risk With Its Use Of Debt
Feb 24
Is LGI Homes (NASDAQ:LGIH) Using Too Much Debt?
Nov 21These 4 Measures Indicate That LGI Homes (NASDAQ:LGIH) Is Using Debt Extensively
Aug 16Is LGI Homes (NASDAQ:LGIH) A Risky Investment?
May 14Here's Why LGI Homes (NASDAQ:LGIH) Has A Meaningful Debt Burden
Feb 04We Think LGI Homes (NASDAQ:LGIH) Is Taking Some Risk With Its Debt
Nov 01Recent updates
LGI Homes: Short-Term Uncertainty, Long-Term Optimism
Apr 17Many Still Looking Away From LGI Homes, Inc. (NASDAQ:LGIH)
Mar 29LGI Homes (NASDAQ:LGIH) Takes On Some Risk With Its Use Of Debt
Feb 24LGI Homes: Not The Best Home For Your Money Heading Into Earnings
Feb 17LGI Homes (NASDAQ:LGIH) Will Want To Turn Around Its Return Trends
Feb 09At US$125, Is It Time To Put LGI Homes, Inc. (NASDAQ:LGIH) On Your Watch List?
Jan 08Many Still Looking Away From LGI Homes, Inc. (NASDAQ:LGIH)
Dec 23Is LGI Homes (NASDAQ:LGIH) Using Too Much Debt?
Nov 21Returns On Capital Signal Tricky Times Ahead For LGI Homes (NASDAQ:LGIH)
Nov 06When Should You Buy LGI Homes, Inc. (NASDAQ:LGIH)?
Sep 21These 4 Measures Indicate That LGI Homes (NASDAQ:LGIH) Is Using Debt Extensively
Aug 16There Are Reasons To Feel Uneasy About LGI Homes' (NASDAQ:LGIH) Returns On Capital
Aug 01At US$132, Is It Time To Put LGI Homes, Inc. (NASDAQ:LGIH) On Your Watch List?
Jun 13Is LGI Homes (NASDAQ:LGIH) A Risky Investment?
May 14Some Investors May Be Worried About LGI Homes' (NASDAQ:LGIH) Returns On Capital
Apr 29What Does LGI Homes, Inc.'s (NASDAQ:LGIH) Share Price Indicate?
Mar 10Here's Why LGI Homes (NASDAQ:LGIH) Has A Meaningful Debt Burden
Feb 04Returns At LGI Homes (NASDAQ:LGIH) Appear To Be Weighed Down
Jan 20At US$99.58, Is LGI Homes, Inc. (NASDAQ:LGIH) Worth Looking At Closely?
Dec 04We Think LGI Homes (NASDAQ:LGIH) Is Taking Some Risk With Its Debt
Nov 01LGI Homes (NASDAQ:LGIH) Might Have The Makings Of A Multi-Bagger
Oct 17LGI Homes reports 24% Q/Q fall in home closings for Q3
Oct 05LGI Homes reports 504 home closings in August 2022
Sep 06Is It Too Late To Consider Buying LGI Homes, Inc. (NASDAQ:LGIH)?
Sep 01LGI homes expands Terrata Homes footprint in Austin market with opening of ShadowGlen
Aug 22LGI Homes Is A Hold Given Inflation And Interest Rate Pressures
Aug 13Is LGI Homes (NASDAQ:LGIH) Using Too Much Debt?
Aug 02LGI Homes Q2 2022 Earnings Preview
Aug 01LGI Homes (NASDAQ:LGIH) Is Very Good At Capital Allocation
Jul 13LGI Homes reports 627 home closings in June 2022
Jul 07Does LGI Homes (NASDAQ:LGIH) Deserve A Spot On Your Watchlist?
Jun 14Is LGI Homes, Inc. (NASDAQ:LGIH) Potentially Undervalued?
May 31LGI Homes Is Investing In Growth As Rates Rise
May 20Is LGI Homes (NASDAQ:LGIH) Using Too Much Debt?
May 04LGI Homes: Exaggerated Selling Pressures
Apr 18Financial Position Analysis
Short Term Liabilities: LGIH's short term assets ($3.3B) exceed its short term liabilities ($270.5M).
Long Term Liabilities: LGIH's short term assets ($3.3B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: LGIH's net debt to equity ratio (71.4%) is considered high.
Reducing Debt: LGIH's debt to equity ratio has reduced from 99.9% to 74% over the past 5 years.
Debt Coverage: LGIH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LGIH's interest payments on its debt are well covered by EBIT.