Gilat Satellite Networks Balance Sheet Health
Financial Health criteria checks 6/6
Gilat Satellite Networks has a total shareholder equity of $282.8M and total debt of $2.1M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are $416.9M and $134.2M respectively. Gilat Satellite Networks's EBIT is $23.8M making its interest coverage ratio -4.8. It has cash and short-term investments of $93.7M.
Key information
0.8%
Debt to equity ratio
US$2.13m
Debt
| Interest coverage ratio | -4.8x |
| Cash | US$93.67m |
| Equity | US$282.76m |
| Total liabilities | US$134.17m |
| Total assets | US$416.93m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GILT's short term assets ($239.7M) exceed its short term liabilities ($112.2M).
Long Term Liabilities: GILT's short term assets ($239.7M) exceed its long term liabilities ($22.0M).
Debt to Equity History and Analysis
Debt Level: GILT has more cash than its total debt.
Reducing Debt: GILT's debt to equity ratio has reduced from 3.7% to 0.8% over the past 5 years.
Debt Coverage: GILT's debt is well covered by operating cash flow (1147%).
Interest Coverage: GILT earns more interest than it pays, so coverage of interest payments is not a concern.