Lockheed Martin Balance Sheet Health
Financial Health criteria checks 4/6
Lockheed Martin has a total shareholder equity of $6.2B and total debt of $19.3B, which brings its debt-to-equity ratio to 311.9%. Its total assets and total liabilities are $55.1B and $48.9B respectively. Lockheed Martin's EBIT is $8.9B making its interest coverage ratio 8.9. It has cash and short-term investments of $2.5B.
Key information
311.9%
Debt to equity ratio
US$19.26b
Debt
| Interest coverage ratio | 8.9x |
| Cash | US$2.52b |
| Equity | US$6.18b |
| Total liabilities | US$48.90b |
| Total assets | US$55.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LMT's short term assets ($23.0B) exceed its short term liabilities ($18.5B).
Long Term Liabilities: LMT's short term assets ($23.0B) do not cover its long term liabilities ($30.4B).
Debt to Equity History and Analysis
Debt Level: LMT's net debt to equity ratio (271%) is considered high.
Reducing Debt: LMT's debt to equity ratio has reduced from 467.4% to 311.9% over the past 5 years.
Debt Coverage: LMT's debt is well covered by operating cash flow (45.5%).
Interest Coverage: LMT's interest payments on its debt are well covered by EBIT (8.9x coverage).