Lenzing AG

Vienna Stock Exchange LNZ.VI

Lenzing AG Interest Coverage Ratio for the year ending December 31, 2023: -4.30

Lenzing AG Interest Coverage Ratio is -4.30 for the year ending December 31, 2023, a -711.95% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Lenzing AG Interest Coverage Ratio for the year ending December 31, 2022 was 0.70, a -84.96% change year over year.
Lenzing AG Interest Coverage Ratio for the year ending December 31, 2021 was 4.68, a 169.43% change year over year.
Lenzing AG Interest Coverage Ratio for the year ending December 31, 2020 was 1.74, a -88.85% change year over year.
Lenzing AG Interest Coverage Ratio for the year ending December 31, 2019 was 15.57, a -40.69% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Vienna Stock Exchange: LNZ.VI

Lenzing AG

CEO	Mr. Rohit Aggarwal
IPO Date	Sept. 19, 1985
Location	Austria
Headquarters	Werkstrasse 2
Employees	7,874
Sector	Materials
Industries Plastics Cleaning Supplies Composite Materials Glass Non-Alcoholic Beverages Paper & Forest Products Personal Care Petrochemicals

Description

Lenzing Aktiengesellschaft produces and markets wood-based cellulosic fibers for the textile and nonwoven sectors in Austria, rest of Europe, Asia, the Americas, and internationally. The company operates through Division Fiber, Division Pulp, and Others segments. It offers lyocell fibers for applications in sportswear, home textiles, and mattresses, as well as hygiene articles such as wet wipes and baby wipes; modal fibers; viscose fibers for use in clothing fabrics, wipes, tampons, and wound dressings; and filament yarns under the LENZING, TENCEL, VEOCEL, and LENZING ECOVERO brand names. The company also provides biorefinery products comprising acetic acid biobased, furfural biobased, magnesium lignosulphonate biobased, soda ash, sodium sulphate, and xylose. It also operates in the field of mechanical and plant engineering; engages in the training and personnel development activities; and provides engineering services. The company was formerly known as Chemiefaser Lenzing AG and changed its name to Lenzing Aktiengesellschaft in 1984. Lenzing Aktiengesellschaft was founded in 1892 and is headquartered in Lenzing, Austria.

Key trends

Past 5 years