Huntington Ingalls Industries Balance Sheet Health
Financial Health criteria checks 3/6
Huntington Ingalls Industries has a total shareholder equity of $4.2B and total debt of $2.6B, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are $11.1B and $6.9B respectively. Huntington Ingalls Industries's EBIT is $741.0M making its interest coverage ratio 16.1. It has cash and short-term investments of $10.0M.
Key information
62.0%
Debt to equity ratio
US$2.61b
Debt
| Interest coverage ratio | 16.1x |
| Cash | US$10.00m |
| Equity | US$4.20b |
| Total liabilities | US$6.88b |
| Total assets | US$11.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H1II34's short term assets ($2.6B) do not cover its short term liabilities ($3.3B).
Long Term Liabilities: H1II34's short term assets ($2.6B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: H1II34's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: H1II34's debt to equity ratio has reduced from 90.9% to 62% over the past 5 years.
Debt Coverage: H1II34's debt is well covered by operating cash flow (21.6%).
Interest Coverage: H1II34's interest payments on its debt are well covered by EBIT (16.1x coverage).