Lennar Balance Sheet Health
Financial Health criteria checks 6/6
Lennar has a total shareholder equity of $27.6B and total debt of $3.8B, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are $39.7B and $12.2B respectively. Lennar's EBIT is $5.4B making its interest coverage ratio 351.2. It has cash and short-term investments of $7.1B.
Key information
13.8%
Debt to equity ratio
US$3.81b
Debt
| Interest coverage ratio | 351.2x |
| Cash | US$7.08b |
| Equity | US$27.56b |
| Total liabilities | US$12.18b |
| Total assets | US$39.74b |
Recent financial health updates
Lennar (NYSE:LEN) Seems To Use Debt Quite Sensibly
Jul 30
These 4 Measures Indicate That Lennar (NYSE:LEN) Is Using Debt Reasonably Well
Apr 30These 4 Measures Indicate That Lennar (NYSE:LEN) Is Using Debt Reasonably Well
Jan 31We Think Lennar (NYSE:LEN) Can Stay On Top Of Its Debt
Sep 16Recent updates
Lennar Stock: Heading In The Right Direction, But Economic Uncertainties Remain
Oct 16Lennar Corporation (NYSE:LEN) Doing What It Can To Lift Shares
Sep 23Lennar Stock: A Sell After Disappointing Q3 Earnings And A Changing Environment?
Sep 22Lennar Q3 2024 Preview: Asset-Light Shift Boosts Outlook, But Valuation Is Stretched
Sep 13Calculating The Intrinsic Value Of Lennar Corporation (NYSE:LEN)
Sep 09Lennar: Further Upside As Mortgage Rates Begin Their Decline
Sep 02Lennar (NYSE:LEN) Is Looking To Continue Growing Its Returns On Capital
Aug 13Lennar (NYSE:LEN) Seems To Use Debt Quite Sensibly
Jul 30Is Now The Time To Look At Buying Lennar Corporation (NYSE:LEN)?
Jul 16Results: Lennar Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Jun 21Is Lennar's Future Built On Shifting Sands?
Jun 183 Reasons To Avoid Lennar Corporation Stock
Jun 10Is Lennar Corporation (NYSE:LEN) Trading At A 24% Discount?
Jun 10A Piece Of The Puzzle Missing From Lennar Corporation's (NYSE:LEN) Share Price
May 27These 4 Measures Indicate That Lennar (NYSE:LEN) Is Using Debt Reasonably Well
Apr 30The Return Trends At Lennar (NYSE:LEN) Look Promising
Apr 17Lennar Corporation: Rating Downgrade As Upside Looks Priced In Already
Apr 03Is Now An Opportune Moment To Examine Lennar Corporation (NYSE:LEN)?
Mar 25Lennar: Q1 Results, Encouraging Despite The Revenue Miss
Mar 14Lennar: Mortgage Rates Tick Up, Consumers Coming Under Pressure
Feb 22Lennar Corporation's (NYSE:LEN) Shares Not Telling The Full Story
Feb 13These 4 Measures Indicate That Lennar (NYSE:LEN) Is Using Debt Reasonably Well
Jan 31Lennar (NYSE:LEN) Has Announced That It Will Be Increasing Its Dividend To $0.50
Jan 13Estimating The Intrinsic Value Of Lennar Corporation (NYSE:LEN)
Jan 08Lennar Corporation (NYSE:LEN) Analysts Are Pretty Bullish On The Stock After Recent Results
Dec 18Lennar Q4 Earnings: What To Expect Amid The Stock Rally
Dec 11Is There Now An Opportunity In Lennar Corporation (NYSE:LEN)?
Dec 04Lennar: Too Risky To Commit Capital In This Sector
Nov 25Lennar (NYSE:LEN) Might Have The Makings Of A Multi-Bagger
Nov 06Lennar (NYSE:LEN) Has Affirmed Its Dividend Of $0.375
Oct 01We Think Lennar (NYSE:LEN) Can Stay On Top Of Its Debt
Sep 16Lennar: Strong Earnings And A Resilient Housing Market Make It A Buy
Sep 15Financial Position Analysis
Short Term Liabilities: LEN's short term assets ($31.4B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: LEN's short term assets ($31.4B) exceed its long term liabilities ($9.4B).
Debt to Equity History and Analysis
Debt Level: LEN has more cash than its total debt.
Reducing Debt: LEN's debt to equity ratio has reduced from 66.5% to 13.8% over the past 5 years.
Debt Coverage: LEN's debt is well covered by operating cash flow (105.5%).
Interest Coverage: LEN's interest payments on its debt are well covered by EBIT (351.2x coverage).