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Lennox InternationalLII 90 Cash-to-Debt is 0.03 as of Jun. 2026, which is 25% below its 10-year median of 0.04. GuruFocus rates LII with a GF Score™ of 90/100 and a GF Value™ of $549.37 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,752 Construction companies, Lennox International ranks worse than 95.61% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Lennox International's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.03.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Lennox Internationalcouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Lennox International's Cash-to-Debt or its related term are showing as below:
LII'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.28
Current: 0.03
During the past 13 years, Lennox International's highest Cash to Debt Ratio was 0.28. The lowest was 0.02. And the median was 0.04.
LII's Cash-to-Debt is ranked worse than 95.61% of 1752
companies
in the Construction industry
Industry Median: 0.735
vs LII: 0.03
Lennox International (NYSE:LII) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Lennox International Cash-to-Debt Related Terms
Lennox International Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Lennox International's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Building Products & Equipment subindustry, Lennox International's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lennox International Cash-to-Debt vs Construction Industry
For the Construction industry and Industrials sector, Lennox International's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Lennox International's Cash-to-Debt falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lennox International (LII) has a Cash-to-Debt of 0.03 as of Jun. 2026. This is 25% below median its historical median of 0.04. Over the past decade, Lennox International's Cash-to-Debt has ranged from 0.02 to 0.28. According to the industry distribution chart, Lennox International ranks #1675 out of 1752 companies in the Construction industry, placing it in the top 95.6%.
Is Lennox International's Cash-to-Debt too high?
Lennox International's current Cash-to-Debt of 0.03 is 25% below median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.28. The Construction industry median Cash-to-Debt is 0.74. Lennox International's value of 0.03 is 95.9% below this industry median. Based on the distribution chart, Lennox International ranks #1675 out of 1752 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Lennox International has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lennox International's Cash-to-Debt compare to MAIR and MAS?
According to the Construction industry distribution chart, Lennox International ranks #1675 out of 1752 companies for Cash-to-Debt. This places Lennox International in the lower half of its industry. The industry median Cash-to-Debt is 0.74. Lennox International's value of 0.03 is 95.9% below this benchmark. Historically, Lennox International's own Cash-to-Debt has ranged from 0.02 to 0.28 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.74, Lennox International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Construction company?
The median Cash-to-Debt among Construction companies is 0.74, based on 1,752 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lennox International's current Cash-to-Debt of 0.03 is 95.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median Cash-to-Debt is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lennox International's current Cash-to-Debt is 0.03, which is 25% below median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lennox International stock overvalued right now?
Based on GuruFocus' analysis, Lennox International (LII) is currently considered Modestly Undervalued. The stock's GF Value™ is $549.37, compared to a current price of $389.06 — trading 29.2% below its estimated fair value. The current Cash-to-Debt is 0.03, which is 25% below median its 10-year median of 0.04 and 95.9% below the Construction industry median of 0.74. Lennox International's overall GF Score™ is 90/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Lennox International (LII), the current Cash-to-Debt is 0.03 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lennox International (LII) Overvalued in 2026?
Based on GuruFocus' analysis, Lennox International stock appears to be undervalued.
The current stock price of $389.06 is trading 29.2% below its estimated GF Value™ of $549.37.
GuruFocus considers Lennox International to be Modestly Undervalued.
Key valuation signals for LII:
Cash-to-Debt: 0.03 (25% below median its 10-year median of 0.04)
GF Value™: $549.37 vs. price of $389.06 (29.2% below fair value)
Industry Position: 95.9% below the Construction median (#1675 of 1752)
No single metric tells the full story. See the LII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lennox International manufacturers and distributes heating, ventilating, air conditioning, and refrigeration products for the North American replacement (75% of sales) and new construction (25% of sales) markets. Residential HVAC (home comfort solutions) accounts for 67% of sales and commercial HVAC (building climate solutions) accounts for the remaining 33% of sales. Lennox's commercial exposure is what its peers refer to as residential and light commercial, and lacks the scale and complexity of what is referred to as an applied solution. The company goes to market with multiple brands, but Lennox is its flagship HVAC brand.
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