General Dynamics Balance Sheet Health
Financial Health criteria checks 6/6
General Dynamics has a total shareholder equity of $21.4B and total debt of $9.3B, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are $55.2B and $33.8B respectively. General Dynamics's EBIT is $3.9B making its interest coverage ratio 11.8. It has cash and short-term investments of $1.0B.
Key information
43.2%
Debt to equity ratio
US$9.26b
Debt
Interest coverage ratio | 11.8x |
Cash | US$1.04b |
Equity | US$21.41b |
Total liabilities | US$33.84b |
Total assets | US$55.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IUC's short term assets ($24.2B) exceed its short term liabilities ($16.8B).
Long Term Liabilities: 0IUC's short term assets ($24.2B) exceed its long term liabilities ($17.0B).
Debt to Equity History and Analysis
Debt Level: 0IUC's net debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: 0IUC's debt to equity ratio has reduced from 110.7% to 43.2% over the past 5 years.
Debt Coverage: 0IUC's debt is well covered by operating cash flow (32%).
Interest Coverage: 0IUC's interest payments on its debt are well covered by EBIT (11.8x coverage).