Lockheed Martin Balance Sheet Health
Financial Health criteria checks 4/6
Lockheed Martin has a total shareholder equity of $7.2B and total debt of $19.3B, which brings its debt-to-equity ratio to 268.3%. Its total assets and total liabilities are $55.5B and $48.3B respectively. Lockheed Martin's EBIT is $9.0B making its interest coverage ratio 8.7. It has cash and short-term investments of $3.2B.
Key information
268.3%
Debt to equity ratio
US$19.32b
Debt
| Interest coverage ratio | 8.7x |
| Cash | US$3.15b |
| Equity | US$7.20b |
| Total liabilities | US$48.32b |
| Total assets | US$55.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LMT's short term assets ($23.2B) exceed its short term liabilities ($17.8B).
Long Term Liabilities: LMT's short term assets ($23.2B) do not cover its long term liabilities ($30.5B).
Debt to Equity History and Analysis
Debt Level: LMT's net debt to equity ratio (224.6%) is considered high.
Reducing Debt: LMT's debt to equity ratio has reduced from 344.2% to 268.3% over the past 5 years.
Debt Coverage: LMT's debt is well covered by operating cash flow (43%).
Interest Coverage: LMT's interest payments on its debt are well covered by EBIT (8.7x coverage).