Is La-Z-Boy financially healthy?
Mostly
La-Z-Boy would need 3.0 years of earnings to pay off its debt, which is manageable.
The numbers behind it
Net debt / EBITDA3.0 years
Cash vs. debt$328M vs. $491M
Current ratio1.7×Short-term assets for each $1 of bills due within a year
Interest coverage224.7×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about La-Z-Boy
Data as of Nov 13, 2026.