CSIMarket
 


Lindsay Corporation  (LNN)
Other Ticker:  
 

Lindsay's Tangible Leverage Ratio

LNN's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Despite a net increase in borrowings by 2.43%, Lindsay managed to enhance Tangible Leverage Ratio in the first quarter 2023 to 0.83, surpassing the average for Lindsay's Tangible Leverage Ratio.

Within Industrial Machinery and Components industry in the first quarter 2023, 46 other companies have achieved lower Tangible Leverage Ratio than Lindsay in the I Quarter 2023. While Tangible Leverage Ratio total ranking has deteriorated compared to the forth quarter 2023 from 1056 to 1817 .

Explain Tangible Leverage Ratio?
What is LNN Market Share?
What are LNN´s Total Liabilities?


LNN Tangible Leverage Ratio (Nov 30 2023)
I. Quarter
(Aug 31 2023)
IV. Quarter
(Feb 28 2023)
II. Quarter
(Nov 30 2022)
I. Quarter
(Aug 31 2022)
IV. Quarter
Y / Y Tangible Equity Change 15.52 % 17.07 % 25.22 % 25.69 % 23.15 %
Y / Y Total Liabilities Change -6.38 % -12.42 % -10.39 % -1.3 % 6.21 %
Tangible Leverage Ratio MRQ 0.83 0.84 0.85 0.95 1.03
LNN's Total Ranking # 1817 # 1056 # 11 # 16 #
Seq. Tangible Equity Change 3.19 % 2.16 % 5.57 % 3.8 % 4.58 %
Seq. Total Liabilities Change 2.43 % 1.12 % -5.5 % -4.35 % -4.18 %



Tangible Leverage Ratio first quarter 2023 Company Ranking
Within: No.
Industrial Machinery and Components Industry # 47
Capital Goods Sector # 105
Overall Market # 1817


Tangible Leverage Ratio Statistics
High Average Low
1.05 0.72 0.34
(May 31 2016)   (Aug 31 2012)




Financial Statements
Lindsay's Tangible Equity $ 356 Millions Visit LNN's Balance sheet
Lindsay's Total Liabilities $ 297 Millions Visit LNN's Balance sheet
Source of LNN's Sales Visit LNN's Sales by Geography


Cumulative Lindsay's Tangible Leverage Ratio

LNN's Tangible Leverage Ratio for the trailling 12 Months

LNN Tangible Leverage Ratio

(Nov 30 2023)
I. Quarter
(Aug 31 2023)
IV. Quarter
(Feb 28 2023)
II. Quarter
(Nov 30 2022)
I. Quarter
(Aug 31 2022)
IV. Quarter
Y / Y Tangible Equity TTM Growth 15.52 % 17.07 % 25.22 % 25.69 % 23.15 %
Y / Y Total Liabilities TTM Growth -6.38 % -12.42 % -10.39 % -1.3 % 6.21 %
Tangible Leverage Ratio TTM 0.87 0.91 0.98 1.07 1.13
Total Ranking TTM # 23 # 1122 # 66 # 37 #
Seq. Tangible Equity TTM Growth 3.19 % 2.16 % 5.57 % 3.8 % 4.58 %
Seq. Total Liabilities TTM Growth 2.43 % 1.12 % -5.5 % -4.35 % -4.18 %


On the trailing twelve months basis Despite of the net new borrowings of 2.43% during the twelve months period ending in I Quarter 2023 Lindsay has managed to decrease Tangible Leverage Ratio in the I Quarter 2023 to 0.87, above the LNN's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Industrial Machinery and Components industry LNN recorded the lowest Tangible Leverage Ratio. While Tangible Leverage Ratio total ranking has improved so far to 23, from total ranking in previous 12 month period at 1122.

Explain Tangible Leverage Ratio?
What is LNN Market Share?
What are LNN´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Industrial Machinery and Components Industry # 0
Capital Goods Sector # 1
Within the Market # 23


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
0.97 0.82 0.35
(Feb 28 2017)   (Sep. 30, 2014)




Companies with similar Tangible Leverage Ratio in the quarter ending Nov 30 2023, within Industrial Machinery and Components Industry Tangible Leverage RatioNov 30 2023 MRQ Total LiabilitiesNov 30 2023 MRQ Tangible Equity
Ekso Bionics Holdings Inc   2.24 $ 16.312  Millions$ 7.283  Millions
Agco Corp  2.16 $ 6,507.500  Millions$ 3,014.600  Millions
Championx Corp  1.98 $ 1,485.345  Millions$ 748.414  Millions
Donaldson Company Inc   1.92 $ 1,385.800  Millions$ 720.500  Millions
Siteone Landscape Supply Inc   1.87 $ 1,342.800  Millions$ 719.800  Millions
Atkore Inc   1.77 $ 1,433.047  Millions$ 808.180  Millions
Owens Corning  1.64 $ 5,990.000  Millions$ 3,657.000  Millions
Tennant Co  1.64 $ 536.400  Millions$ 327.800  Millions
Enovix Corporation  1.45 $ 299.449  Millions$ 206.837  Millions
Kadant Inc   1.44 $ 324.613  Millions$ 224.870  Millions
Tecogen Inc   1.38 $ 13.046  Millions$ 9.473  Millions
Lam Research Corporation  1.36 $ 8,768.419  Millions$ 6,444.885  Millions
Kennametal Inc   1.22 $ 1,176.838  Millions$ 964.590  Millions
Asml Holding Nv  1.21 $ 11,050.368  Millions$ 9,096.752  Millions
Veeco Instruments inc  1.21 $ 498.975  Millions$ 413.533  Millions
Liqtech International Inc  1.10 $ 18.696  Millions$ 16.928  Millions
Arts Way Manufacturing Co Inc  1.10 $ 12.761  Millions$ 11.641  Millions
Standex International Corp  1.08 $ 279.201  Millions$ 257.508  Millions
Twin Disc Inc  0.94 $ 126.744  Millions$ 134.764  Millions
Greystone Logistics Inc   0.85 $ 18.653  Millions$ 21.957  Millions
Lindsay Corporation  0.83 $ 297.058  Millions$ 355.826  Millions
Acm Research Inc   0.78 $ 723.518  Millions$ 923.624  Millions
Alamo Group Inc   0.78 $ 436.829  Millions$ 557.931  Millions
Sci Engineered Materials inc   0.59 $ 6.506  Millions$ 10.980  Millions
Energy Vault Holdings Inc   0.49 $ 109.813  Millions$ 222.007  Millions
Axcelis Technologies Inc  0.48 $ 417.085  Millions$ 864.882  Millions
Trio tech International  0.48 $ 15.161  Millions$ 31.528  Millions
Hyzon Motors Inc   0.46 $ 60.449  Millions$ 130.000  Millions
Ess Tech Inc   0.41 $ 39.875  Millions$ 98.434  Millions
Cricut Inc   0.40 $ 215.249  Millions$ 534.873  Millions

Date modified: 2024-01-05T13:41:45+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com