La-Z-Boy Balance Sheet Health

Financial Health criteria checks 6/6

La-Z-Boy has a total shareholder equity of $987.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.9B and $930.4M respectively. La-Z-Boy's EBIT is $141.1M making its interest coverage ratio -10.2. It has cash and short-term investments of $337.2M.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ratio-10.2x
CashUS$337.16m
EquityUS$987.89m
Total liabilitiesUS$930.41m
Total assetsUS$1.92b

Recent financial health updates

No updates

Recent updates

Why La-Z-Boy Incorporated (NYSE:LZB) Could Be Worth Watching

Apr 04
Why La-Z-Boy Incorporated (NYSE:LZB) Could Be Worth Watching

Earnings Miss: La-Z-Boy Incorporated Missed EPS By 8.3% And Analysts Are Revising Their Forecasts

Feb 23
Earnings Miss: La-Z-Boy Incorporated Missed EPS By 8.3% And Analysts Are Revising Their Forecasts

La-Z-Boy: Long Live The Value Stock With Earnings Growth

Feb 14

Here's What's Concerning About La-Z-Boy's (NYSE:LZB) Returns On Capital

Feb 08
Here's What's Concerning About La-Z-Boy's (NYSE:LZB) Returns On Capital

Are Investors Undervaluing La-Z-Boy Incorporated (NYSE:LZB) By 21%?

Jan 17
Are Investors Undervaluing La-Z-Boy Incorporated (NYSE:LZB) By 21%?

La-Z-Boy Shoots Comfortably Higher

Dec 03

Capital Allocation Trends At La-Z-Boy (NYSE:LZB) Aren't Ideal

Nov 04
Capital Allocation Trends At La-Z-Boy (NYSE:LZB) Aren't Ideal

Is La-Z-Boy Incorporated (NYSE:LZB) Trading At A 35% Discount?

Oct 06
Is La-Z-Boy Incorporated (NYSE:LZB) Trading At A 35% Discount?

La-Z-Boy: Underlying Strength Despite Messy Q1 Earnings

Sep 07

When Should You Buy La-Z-Boy Incorporated (NYSE:LZB)?

Aug 26
When Should You Buy La-Z-Boy Incorporated (NYSE:LZB)?

La-Z-Boy: Own A Piece Of This Undervalued And Well-Run Company

Jun 28

A Look At The Intrinsic Value Of La-Z-Boy Incorporated (NYSE:LZB)

Jun 28
A Look At The Intrinsic Value Of La-Z-Boy Incorporated (NYSE:LZB)

The Returns At La-Z-Boy (NYSE:LZB) Aren't Growing

Jun 09
The Returns At La-Z-Boy (NYSE:LZB) Aren't Growing

At US$26.93, Is It Time To Put La-Z-Boy Incorporated (NYSE:LZB) On Your Watch List?

May 25
At US$26.93, Is It Time To Put La-Z-Boy Incorporated (NYSE:LZB) On Your Watch List?

La-Z-Boy's (NYSE:LZB) Upcoming Dividend Will Be Larger Than Last Year's

May 06
La-Z-Boy's (NYSE:LZB) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why La-Z-Boy (NYSE:LZB) Has Caught The Eye Of Investors

Apr 08
Here's Why La-Z-Boy (NYSE:LZB) Has Caught The Eye Of Investors

La-Z-Boy (NYSE:LZB) Hasn't Managed To Accelerate Its Returns

Feb 13
La-Z-Boy (NYSE:LZB) Hasn't Managed To Accelerate Its Returns

La-Z-Boy Has Lagged The Market But Shares Are Attractive

Feb 07

Is Now An Opportune Moment To Examine La-Z-Boy Incorporated (NYSE:LZB)?

Jan 26
Is Now An Opportune Moment To Examine La-Z-Boy Incorporated (NYSE:LZB)?

Are Investors Undervaluing La-Z-Boy Incorporated (NYSE:LZB) By 33%?

Jan 08
Are Investors Undervaluing La-Z-Boy Incorporated (NYSE:LZB) By 33%?

La-Z-Boy's (NYSE:LZB) Upcoming Dividend Will Be Larger Than Last Year's

Dec 04
La-Z-Boy's (NYSE:LZB) Upcoming Dividend Will Be Larger Than Last Year's

La-Z-Boy (NYSE:LZB) Hasn't Managed To Accelerate Its Returns

Nov 13
La-Z-Boy (NYSE:LZB) Hasn't Managed To Accelerate Its Returns

La-Z-Boy Stock: Strong Q1 Report Supports A Bullish Outlook

Sep 06

La-Z-Boy Q1 2023 Earnings Preview

Aug 22

La-Z-Boy finalizing closure of Newton upholstery facility

Jul 18

La-Z-Boy: A Safe Cushion Against Macroeconomic Pressures

Jun 23

What Is La-Z-Boy Incorporated's (NYSE:LZB) Share Price Doing?

Jun 17
What Is La-Z-Boy Incorporated's (NYSE:LZB) Share Price Doing?

Returns At La-Z-Boy (NYSE:LZB) Appear To Be Weighed Down

May 12
Returns At La-Z-Boy (NYSE:LZB) Appear To Be Weighed Down

La-Z-Boy: Relax With This Sleeper Stock

Apr 11

What Does La-Z-Boy Incorporated's (NYSE:LZB) Share Price Indicate?

Feb 17
What Does La-Z-Boy Incorporated's (NYSE:LZB) Share Price Indicate?

La-Z-Boy: An Iconic Firm At An Attractive Price

Jan 17

Returns On Capital At La-Z-Boy (NYSE:LZB) Have Hit The Brakes

Dec 11
Returns On Capital At La-Z-Boy (NYSE:LZB) Have Hit The Brakes

What Does La-Z-Boy Incorporated's (NYSE:LZB) Share Price Indicate?

Nov 09
What Does La-Z-Boy Incorporated's (NYSE:LZB) Share Price Indicate?

Does La-Z-Boy (NYSE:LZB) Deserve A Spot On Your Watchlist?

Oct 26
Does La-Z-Boy (NYSE:LZB) Deserve A Spot On Your Watchlist?

La-Z-Boy: A Good Buying Opportunity

Sep 14

Financial Position Analysis

Short Term Liabilities: LZB's short term assets ($850.4M) exceed its short term liabilities ($439.9M).

Long Term Liabilities: LZB's short term assets ($850.4M) exceed its long term liabilities ($490.5M).


Debt to Equity History and Analysis

Debt Level: LZB is debt free.

Reducing Debt: LZB has no debt compared to 5 years ago when its debt to equity ratio was 2.9%.

Debt Coverage: LZB has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: LZB has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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