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 $2.7B, which brings its debt-to-equity ratio to 63.6%. Its total assets and total liabilities are $11.3B and $7.1B respectively. Huntington Ingalls Industries's EBIT is $827.0M making its interest coverage ratio 17.2. It has cash and short-term investments of $11.0M.
Key information
63.6%
Debt to equity ratio
US$2.66b
Debt
| Interest coverage ratio | 17.2x |
| Cash | US$11.00m |
| Equity | US$4.18b |
| Total liabilities | US$7.13b |
| Total assets | US$11.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HI4's short term assets ($2.9B) do not cover its short term liabilities ($3.6B).
Long Term Liabilities: HI4's short term assets ($2.9B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: HI4's net debt to equity ratio (63.3%) is considered high.
Reducing Debt: HI4's debt to equity ratio has reduced from 104.3% to 63.6% over the past 5 years.
Debt Coverage: HI4's debt is well covered by operating cash flow (25.8%).
Interest Coverage: HI4's interest payments on its debt are well covered by EBIT (17.2x coverage).