Lassonde Industries Balance Sheet Health
Financial Health criteria checks 6/6
Lassonde Industries has a total shareholder equity of CA$1.1B and total debt of CA$417.7M, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are CA$2.1B and CA$1.0B respectively. Lassonde Industries's EBIT is CA$172.1M making its interest coverage ratio 9.3. It has cash and short-term investments of CA$9.2M.
Key information
38.3%
Debt to equity ratio
CA$417.69m
Debt
| Interest coverage ratio | 9.3x |
| Cash | CA$9.17m |
| Equity | CA$1.09b |
| Total liabilities | CA$1.01b |
| Total assets | CA$2.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LSDA.F's short term assets (CA$690.9M) exceed its short term liabilities (CA$407.9M).
Long Term Liabilities: LSDA.F's short term assets (CA$690.9M) exceed its long term liabilities (CA$598.1M).
Debt to Equity History and Analysis
Debt Level: LSDA.F's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: LSDA.F's debt to equity ratio has reduced from 47.8% to 38.3% over the past 5 years.
Debt Coverage: LSDA.F's debt is well covered by operating cash flow (56.5%).
Interest Coverage: LSDA.F's interest payments on its debt are well covered by EBIT (9.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:12 |
| End of Day Share Price | 2024/12/13 00:00 |
| Earnings | 2024/09/28 |
| 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
Lassonde Industries Inc. is covered by 9 analysts. 4 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 |
|---|---|
| Luke Hannan | Canaccord Genuity |
| null null | Desjardins Securities Inc. |
| Frederic Tremblay | Desjardins Securities Inc. |