Gilat Satellite Networks Balance Sheet Health
Financial Health criteria checks 6/6
Gilat Satellite Networks has a total shareholder equity of $291.5M and total debt of $4.7M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are $433.2M and $141.7M respectively. Gilat Satellite Networks's EBIT is $17.8M making its interest coverage ratio -3. It has cash and short-term investments of $109.6M.
Key information
1.6%
Debt to equity ratio
US$4.73m
Debt
| Interest coverage ratio | -3x |
| Cash | US$109.55m |
| Equity | US$291.48m |
| Total liabilities | US$141.71m |
| Total assets | US$433.18m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GILT's short term assets ($257.5M) exceed its short term liabilities ($118.5M).
Long Term Liabilities: GILT's short term assets ($257.5M) exceed its long term liabilities ($23.2M).
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 3.6% to 1.6% over the past 5 years.
Debt Coverage: GILT's debt is well covered by operating cash flow (536.2%).
Interest Coverage: GILT earns more interest than it pays, so coverage of interest payments is not a concern.