LXP Industrial Trust Balance Sheet Health

Financial Health criteria checks 2/6

LXP Industrial Trust has a total shareholder equity of $2.3B and total debt of $1.8B, which brings its debt-to-equity ratio to 78.2%. Its total assets and total liabilities are $4.2B and $1.9B respectively. LXP Industrial Trust's EBIT is $62.3M making its interest coverage ratio 1.4. It has cash and short-term investments of $208.7M.

Key information

78.2%

Debt to equity ratio

US$1.77b

Debt

Interest coverage ratio1.4x
CashUS$208.72m
EquityUS$2.27b
Total liabilitiesUS$1.93b
Total assetsUS$4.19b

Recent financial health updates

No updates

Recent updates

LXP Industrial: Dividends Raised, Transformation Complete

Mar 11

LXP Industrial: Over 10% Upside Potential On Successful Development Activity

Aug 07

LXP Industrial: One Industrial Worth Further Consideration

Feb 21

Lexington Realty Trust Q4 Earnings Preview

Feb 15

Lexington Realty Trust Q3 Earnings Preview

Nov 02

Lexington Realty Trust declares $0.12 dividend

Sep 16

LXP Industrial: Buy The Rodney Dangerfield Of Industrial REITs

Sep 07

Lexington Realty Trust Q2 2022 Earnings Preview

Aug 03

LXP Industrial Trust: Worth Another Look

Jun 23

LXP Industrial Is Not Cheap Enough Given Perennial Weakness

Apr 14

LXP Industrial: New Name, New Portfolio, Uncertain Future

Feb 02

Financial Position Analysis

Short Term Liabilities: LXP's short term assets ($367.3M) exceed its short term liabilities ($114.6M).

Long Term Liabilities: LXP's short term assets ($367.3M) do not cover its long term liabilities ($1.8B).


Debt to Equity History and Analysis

Debt Level: LXP's net debt to equity ratio (69%) is considered high.

Reducing Debt: LXP's debt to equity ratio has reduced from 110.8% to 78.2% over the past 5 years.

Debt Coverage: LXP's debt is not well covered by operating cash flow (11.8%).

Interest Coverage: LXP's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


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