A Look Into Leggett & Platt's Debt
Portfolio Pulse from Benzinga Insights
Over the past three months, shares of Leggett & Platt Inc. (NYSE:LEG) decreased by 1.56%. The company's total debt stands at $2.12 billion, with a net debt of $1.77 billion after adjusting for $344.50 million in cash-equivalents. Leggett & Platt's debt-ratio is 0.4, based on its $5.27 billion in total assets.
June 20, 2023 | 8:30 pm
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Leggett & Platt's shares decreased by 1.56% in the past three months. The company has a total debt of $2.12 billion and a debt-ratio of 0.4.
Leggett & Platt's shares have decreased by 1.56% in the past three months, indicating a negative short-term trend. The company's total debt of $2.12 billion and a debt-ratio of 0.4 may raise concerns about its financial leverage and ability to manage debt, potentially impacting its stock price in the short term.
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