General Dynamics Balance Sheet Health
Financial Health criteria checks 6/6
General Dynamics has a total shareholder equity of $23.0B and total debt of $9.3B, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are $57.3B and $34.3B respectively. General Dynamics's EBIT is $4.5B making its interest coverage ratio 13.9. It has cash and short-term investments of $2.1B.
Key information
40.3%
Debt to equity ratio
US$9.27b
Debt
| Interest coverage ratio | 13.9x |
| Cash | US$2.10b |
| Equity | US$22.97b |
| Total liabilities | US$34.34b |
| Total assets | US$57.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDBR34's short term assets ($25.7B) exceed its short term liabilities ($19.6B).
Long Term Liabilities: GDBR34's short term assets ($25.7B) exceed its long term liabilities ($14.8B).
Debt to Equity History and Analysis
Debt Level: GDBR34's net debt to equity ratio (31.2%) is considered satisfactory.
Reducing Debt: GDBR34's debt to equity ratio has reduced from 101% to 40.3% over the past 5 years.
Debt Coverage: GDBR34's debt is well covered by operating cash flow (33.9%).
Interest Coverage: GDBR34's interest payments on its debt are well covered by EBIT (13.9x coverage).