LL Flooring Holdings Financial Health
How is LL Flooring Holdings's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LL's short term assets ($389.8M) exceed its short term liabilities ($245.9M).
Long Term Liabilities: LL's short term assets ($389.8M) exceed its long term liabilities ($122.1M).
Debt to Equity History and Analysis
Debt Level: LL's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: LL's debt to equity ratio has reduced from 26.8% to 5.5% over the past 5 years.
Debt Coverage: LL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LL earns more interest than it pays, so coverage of interest payments is not a concern.