LXP Industrial Trust Balance Sheet Health
Financial Health criteria checks 2/6
LXP Industrial Trust has a total shareholder equity of $2.1B and total debt of $1.6B, which brings its debt-to-equity ratio to 73.9%. Its total assets and total liabilities are $3.9B and $1.7B respectively. LXP Industrial Trust's EBIT is $52.0M making its interest coverage ratio 2.9. It has cash and short-term investments of $57.5M.
Key information
73.9%
Debt to equity ratio
US$1.57b
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$57.54m |
| Equity | US$2.13b |
| Total liabilities | US$1.73b |
| Total assets | US$3.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LXP.PRC's short term assets ($324.0M) exceed its short term liabilities ($116.7M).
Long Term Liabilities: LXP.PRC's short term assets ($324.0M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: LXP.PRC's net debt to equity ratio (71.2%) is considered high.
Reducing Debt: LXP.PRC's debt to equity ratio has reduced from 81.8% to 73.9% over the past 5 years.
Debt Coverage: LXP.PRC's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: LXP.PRC's interest payments on its debt are not well covered by EBIT (2.9x coverage).