Lazard Balance Sheet Health
Financial Health criteria checks 2/6
Lazard has a total shareholder equity of $764.5M and total debt of $2.1B, which brings its debt-to-equity ratio to 280.7%. Its total assets and total liabilities are $4.8B and $4.1B respectively.
Key information
280.7%
Debt to equity ratio
US$2.15b
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.17b |
| Equity | US$764.46m |
| Total liabilities | US$4.06b |
| Total assets | US$4.82b |
Recent financial health updates
No updates
Recent updates
Lazard, Inc.'s (NYSE:LAZ) Shares Bounce 26% But Its Business Still Trails The Industry
Nov 07
Lazard: Aggressive Hiring Means Peer-Leading Growth
Nov 01Lazard: Still Decent Value
Aug 08Even With A 33% Surge, Cautious Investors Are Not Rewarding Lazard, Inc.'s (NYSE:LAZ) Performance Completely
Jul 26Investors 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 ($2.2B) exceed its short term liabilities ($811.1M).
Long Term Liabilities: LAZ's short term assets ($2.2B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: LAZ's net debt to equity ratio (127.9%) is considered high.
Reducing Debt: LAZ's debt to equity ratio has increased from 277.9% to 280.7% over the past 5 years.
Debt Coverage: LAZ's debt is well covered by operating cash flow (33.6%).
Interest Coverage: Insufficient data to determine if LAZ's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 05:29 |
| End of Day Share Price | 2024/12/30 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
Lazard, Inc. is covered by 24 analysts. 8 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 |
|---|---|
| Stephen Biggar | Argus Research Company |
| Michael Needham | BofA Global Research |
| James Mitchell | Buckingham Research Group Inc. |