Leonardo DRS Balance Sheet Health
Financial Health criteria checks 5/6
Leonardo DRS has a total shareholder equity of $2.5B and total debt of $205.0M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are $3.9B and $1.4B respectively. Leonardo DRS's EBIT is $289.0M making its interest coverage ratio 11.1. It has cash and short-term investments of $198.0M.
Key information
8.3%
Debt to equity ratio
US$205.00m
Debt
| Interest coverage ratio | 11.1x |
| Cash | US$198.00m |
| Equity | US$2.47b |
| Total liabilities | US$1.39b |
| Total assets | US$3.86b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2VZ's short term assets ($1.9B) exceed its short term liabilities ($880.0M).
Long Term Liabilities: 2VZ's short term assets ($1.9B) exceed its long term liabilities ($507.0M).
Debt to Equity History and Analysis
Debt Level: 2VZ's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 2VZ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2VZ's debt is well covered by operating cash flow (167.3%).
Interest Coverage: 2VZ's interest payments on its debt are well covered by EBIT (11.1x coverage).