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.