General Dynamics Balance Sheet Health
Financial Health criteria checks 6/6
General Dynamics has a total shareholder equity of $22.0B and total debt of $9.3B, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are $55.4B and $33.4B respectively. General Dynamics's EBIT is $4.3B making its interest coverage ratio 13. It has cash and short-term investments of $1.4B.
Key information
42.0%
Debt to equity ratio
US$9.26b
Debt
| Interest coverage ratio | 13x |
| Cash | US$1.36b |
| Equity | US$22.04b |
| Total liabilities | US$33.41b |
| Total assets | US$55.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDBR34's short term assets ($24.3B) exceed its short term liabilities ($18.3B).
Long Term Liabilities: GDBR34's short term assets ($24.3B) exceed its long term liabilities ($15.1B).
Debt to Equity History and Analysis
Debt Level: GDBR34's net debt to equity ratio (35.8%) is considered satisfactory.
Reducing Debt: GDBR34's debt to equity ratio has reduced from 108.2% to 42% over the past 5 years.
Debt Coverage: GDBR34's debt is well covered by operating cash flow (32.9%).
Interest Coverage: GDBR34's interest payments on its debt are well covered by EBIT (13x coverage).