Gilat Satellite Networks Balance Sheet Health
Financial Health criteria checks 6/6
Gilat Satellite Networks has a total shareholder equity of $274.7M and total debt of $9.5M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are $426.9M and $152.2M respectively. Gilat Satellite Networks's EBIT is $28.1M making its interest coverage ratio -8.1. It has cash and short-term investments of $104.0M.
Key information
3.4%
Debt to equity ratio
US$9.45m
Debt
Interest coverage ratio | -8.1x |
Cash | US$103.96m |
Equity | US$274.69m |
Total liabilities | US$152.20m |
Total assets | US$426.89m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GSA's short term assets ($240.6M) exceed its short term liabilities ($126.6M).
Long Term Liabilities: GSA's short term assets ($240.6M) exceed its long term liabilities ($25.6M).
Debt to Equity History and Analysis
Debt Level: GSA has more cash than its total debt.
Reducing Debt: GSA's debt to equity ratio has reduced from 5.3% to 3.4% over the past 5 years.
Debt Coverage: GSA's debt is well covered by operating cash flow (337.9%).
Interest Coverage: GSA earns more interest than it pays, so coverage of interest payments is not a concern.