Lazard Balance Sheet Health
Financial Health criteria checks 2/6
Lazard has a total shareholder equity of $595.1M and total debt of $2.1B, which brings its debt-to-equity ratio to 357.3%. Its total assets and total liabilities are $4.5B and $3.9B respectively.
Key information
357.3%
Debt to equity ratio
US$2.13b
Debt
| Interest coverage ratio | n/a |
| Cash | US$852.43m |
| Equity | US$595.12m |
| Total liabilities | US$3.93b |
| Total assets | US$4.53b |
Recent financial health updates
No updates
Recent updates
Lazard: Still Decent Value
Aug 08Even With A 33% Surge, Cautious Investors Are Not Rewarding Lazard, Inc.'s (NYSE:LAZ) Performance Completely
Jul 26
Investors Continue Waiting On Sidelines For Lazard, Inc. (NYSE:LAZ)
Jun 05Lazard: Liability Management Pickup, Markets Equilibrating
May 17Lazard (NYSE:LAZ) Is Paying Out A Dividend Of $0.50
Apr 30Lazard: 5% Dividend Yield And Expected Growth Driven By Rebound In M&A And Equity Markets
Feb 18Lazard (NYSE:LAZ) Is Due To Pay A Dividend Of $0.50
Feb 06Many Still Looking Away From Lazard, Inc. (NYSE:LAZ)
Jan 05Financial Position Analysis
Short Term Liabilities: LAZ's short term assets ($1.8B) exceed its short term liabilities ($723.5M).
Long Term Liabilities: LAZ's short term assets ($1.8B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: LAZ's net debt to equity ratio (214%) is considered high.
Reducing Debt: LAZ's debt to equity ratio has increased from 266.6% to 357.3% over the past 5 years.
Debt Coverage: LAZ's debt is well covered by operating cash flow (21.7%).
Interest Coverage: Insufficient data to determine if LAZ's interest payments on its debt are well covered by EBIT.