Leonardo Balance Sheet Health
Financial Health criteria checks 5/6
Leonardo has a total shareholder equity of €9.4B and total debt of €3.7B, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are €31.6B and €22.2B respectively. Leonardo's EBIT is €1.2B making its interest coverage ratio 14.6. It has cash and short-term investments of €1.1B.
Key information
39.7%
Debt to equity ratio
€3.73b
Debt
| Interest coverage ratio | 14.6x |
| Cash | €1.07b |
| Equity | €9.40b |
| Total liabilities | €22.17b |
| Total assets | €31.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LDO's short term assets (€16.5B) do not cover its short term liabilities (€17.4B).
Long Term Liabilities: LDO's short term assets (€16.5B) exceed its long term liabilities (€4.8B).
Debt to Equity History and Analysis
Debt Level: LDO's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: LDO's debt to equity ratio has reduced from 115.4% to 39.7% over the past 5 years.
Debt Coverage: LDO's debt is well covered by operating cash flow (34.8%).
Interest Coverage: LDO's interest payments on its debt are well covered by EBIT (14.6x coverage).