Huntington Ingalls Industries Balance Sheet Health
Financial Health criteria checks 3/6
Huntington Ingalls Industries has a total shareholder equity of $4.1B and total debt of $2.4B, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are $11.2B and $7.0B respectively. Huntington Ingalls Industries's EBIT is $792.0M making its interest coverage ratio 14.4. It has cash and short-term investments of $10.0M.
Key information
59.1%
Debt to equity ratio
US$2.44b
Debt
Interest coverage ratio | 14.4x |
Cash | US$10.00m |
Equity | US$4.13b |
Total liabilities | US$7.04b |
Total assets | US$11.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0J76's short term assets ($2.8B) do not cover its short term liabilities ($2.9B).
Long Term Liabilities: 0J76's short term assets ($2.8B) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: 0J76's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: 0J76's debt to equity ratio has reduced from 95.7% to 59.1% over the past 5 years.
Debt Coverage: 0J76's debt is well covered by operating cash flow (31.9%).
Interest Coverage: 0J76's interest payments on its debt are well covered by EBIT (14.4x coverage).