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
LXP Industrial: Attractive Dividend Yield, Upside Potential In A Lower Rate Environment
Oct 01LXP Industrial: Dividend Bargain Flying Under The Radar
Jul 09LXP Industrial Trust: A Speculative Case For M&A
Apr 08LXP Industrial: Dividends Raised, Transformation Complete
Mar 11LXP Industrial: Over 10% Upside Potential On Successful Development Activity
Aug 07LXP Industrial: One Industrial Worth Further Consideration
Feb 21Lexington Realty Trust Q4 Earnings Preview
Feb 15Lexington Realty Trust Q3 Earnings Preview
Nov 02Lexington Realty Trust declares $0.12 dividend
Sep 16LXP Industrial: Buy The Rodney Dangerfield Of Industrial REITs
Sep 07Lexington Realty Trust Q2 2022 Earnings Preview
Aug 03LXP Industrial Trust: Worth Another Look
Jun 23LXP Industrial Is Not Cheap Enough Given Perennial Weakness
Apr 14Financial Position Analysis
Short Term Liabilities: LXP's short term assets ($324.0M) exceed its short term liabilities ($116.7M).
Long Term Liabilities: LXP's short term assets ($324.0M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: LXP's net debt to equity ratio (71.2%) is considered high.
Reducing Debt: LXP's debt to equity ratio has reduced from 81.8% to 73.9% over the past 5 years.
Debt Coverage: LXP's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: LXP's interest payments on its debt are not well covered by EBIT (2.9x coverage).