Landis+Gyr Group Balance Sheet Health
Financial Health criteria checks 4/6
Landis+Gyr Group has a total shareholder equity of $1.5B and total debt of $180.7M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are $2.4B and $895.0M respectively. Landis+Gyr Group's EBIT is $61.7M making its interest coverage ratio 6.9. It has cash and short-term investments of $117.4M.
Key information
11.8%
Debt to equity ratio
US$180.66m
Debt
Interest coverage ratio | 6.9x |
Cash | US$117.37m |
Equity | US$1.53b |
Total liabilities | US$895.03m |
Total assets | US$2.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LGYR.F's short term assets ($820.1M) exceed its short term liabilities ($655.6M).
Long Term Liabilities: LGYR.F's short term assets ($820.1M) exceed its long term liabilities ($239.4M).
Debt to Equity History and Analysis
Debt Level: LGYR.F's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: LGYR.F's debt to equity ratio has increased from 7.9% to 11.8% over the past 5 years.
Debt Coverage: LGYR.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LGYR.F's interest payments on its debt are well covered by EBIT (6.9x coverage).