Leidos Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Leidos Holdings has a total shareholder equity of $4.7B and total debt of $4.6B, which brings its debt-to-equity ratio to 98.5%. Its total assets and total liabilities are $13.3B and $8.7B respectively. Leidos Holdings's EBIT is $1.8B making its interest coverage ratio 9. It has cash and short-term investments of $1.2B.
Key information
98.5%
Debt to equity ratio
US$4.60b
Debt
| Interest coverage ratio | 9x |
| Cash | US$1.19b |
| Equity | US$4.67b |
| Total liabilities | US$8.67b |
| Total assets | US$13.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L1DO34's short term assets ($4.7B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: L1DO34's short term assets ($4.7B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: L1DO34's net debt to equity ratio (73%) is considered high.
Reducing Debt: L1DO34's debt to equity ratio has increased from 95.2% to 98.5% over the past 5 years.
Debt Coverage: L1DO34's debt is well covered by operating cash flow (30.4%).
Interest Coverage: L1DO34's interest payments on its debt are well covered by EBIT (9x coverage).