Leon's Furniture Balance Sheet Health
Financial Health criteria checks 6/6
Leon's Furniture has a total shareholder equity of CA$1.0B and total debt of CA$100.0M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are CA$2.2B and CA$1.2B respectively. Leon's Furniture's EBIT is CA$185.5M making its interest coverage ratio 9.5. It has cash and short-term investments of CA$187.1M.
Key information
9.7%
Debt to equity ratio
CA$100.00m
Debt
Interest coverage ratio | 9.5x |
Cash | CA$187.15m |
Equity | CA$1.03b |
Total liabilities | CA$1.19b |
Total assets | CA$2.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LEFU.F's short term assets (CA$835.1M) exceed its short term liabilities (CA$622.1M).
Long Term Liabilities: LEFU.F's short term assets (CA$835.1M) exceed its long term liabilities (CA$571.2M).
Debt to Equity History and Analysis
Debt Level: LEFU.F has more cash than its total debt.
Reducing Debt: LEFU.F's debt to equity ratio has reduced from 22.5% to 9.7% over the past 5 years.
Debt Coverage: LEFU.F's debt is well covered by operating cash flow (253.3%).
Interest Coverage: LEFU.F's interest payments on its debt are well covered by EBIT (9.5x coverage).