Landis+Gyr Group Balance Sheet Health
Financial Health criteria checks 5/6
Landis+Gyr Group has a total shareholder equity of $1.5B and total debt of $235.5M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are $2.4B and $909.3M respectively. Landis+Gyr Group's EBIT is $124.1M making its interest coverage ratio 8.3. It has cash and short-term investments of $106.2M.
Key information
15.8%
Debt to equity ratio
US$235.49m
Debt
Interest coverage ratio | 8.3x |
Cash | US$106.23m |
Equity | US$1.49b |
Total liabilities | US$909.34m |
Total assets | US$2.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LDGY.Y's short term assets ($826.7M) exceed its short term liabilities ($676.8M).
Long Term Liabilities: LDGY.Y's short term assets ($826.7M) exceed its long term liabilities ($232.5M).
Debt to Equity History and Analysis
Debt Level: LDGY.Y's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: LDGY.Y's debt to equity ratio has increased from 8.7% to 15.8% over the past 5 years.
Debt Coverage: LDGY.Y's debt is well covered by operating cash flow (26%).
Interest Coverage: LDGY.Y's interest payments on its debt are well covered by EBIT (8.3x coverage).