Lockheed Martin Balance Sheet Health
Financial Health criteria checks 4/6
Lockheed Martin has a total shareholder equity of $6.7B and total debt of $19.4B, which brings its debt-to-equity ratio to 292%. Its total assets and total liabilities are $55.0B and $48.3B respectively. Lockheed Martin's EBIT is $9.0B making its interest coverage ratio 9.2. It has cash and short-term investments of $2.8B.
Key information
292.0%
Debt to equity ratio
US$19.42b
Debt
Interest coverage ratio | 9.2x |
Cash | US$2.79b |
Equity | US$6.65b |
Total liabilities | US$48.31b |
Total assets | US$54.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOM's short term assets ($23.0B) exceed its short term liabilities ($17.7B).
Long Term Liabilities: LOM's short term assets ($23.0B) do not cover its long term liabilities ($30.6B).
Debt to Equity History and Analysis
Debt Level: LOM's net debt to equity ratio (250%) is considered high.
Reducing Debt: LOM's debt to equity ratio has reduced from 552% to 292% over the past 5 years.
Debt Coverage: LOM's debt is well covered by operating cash flow (41.2%).
Interest Coverage: LOM's interest payments on its debt are well covered by EBIT (9.2x coverage).