Leggett & Platt Inc T.LEG

Primary Symbol: LEG

Consumer Cyclical

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.

NYSE:LEG - Post by User

Leggett & Platt Inc > Deleveraging

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Comment by dirtysox66on Jul 01, 2014 3:12pm

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Post# 22708520

RE:Deleveraging

although they added debt, since the companies that were acquired are already in production and
have cash flow and have a lower debt to cash flow ratio than LEG's, it has the effect of lowering
LEG's debt to cash flow ratio. to put it another way, LEG's cash flow will increase much more
than the debt will.

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