Leonardo Balance Sheet Health
Financial Health criteria checks 5/6
Leonardo has a total shareholder equity of €9.5B and total debt of €3.7B, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are €21.7B and €12.1B respectively. Leonardo's EBIT is €1.3B making its interest coverage ratio 17.5. It has cash and short-term investments of €885.0M.
Key information
39.1%
Debt to equity ratio
€3.74b
Debt
Interest coverage ratio | 17.5x |
Cash | €885.00m |
Equity | €9.55b |
Total liabilities | €12.13b |
Total assets | €21.67b |
Recent financial health updates
Is Leonardo (BIT:LDO) Using Too Much Debt?
Sep 26Does Leonardo (BIT:LDO) Have A Healthy Balance Sheet?
Jun 10Is Leonardo (BIT:LDO) Using Too Much Debt?
Feb 25These 4 Measures Indicate That Leonardo (BIT:LDO) Is Using Debt Reasonably Well
Nov 26We Think Leonardo (BIT:LDO) Is Taking Some Risk With Its Debt
Aug 19Leonardo (BIT:LDO) Has A Somewhat Strained Balance Sheet
Apr 27Recent updates
Investors Can Find Comfort In Leonardo's (BIT:LDO) Earnings Quality
Nov 14Is Leonardo (BIT:LDO) Using Too Much Debt?
Sep 26Is Now An Opportune Moment To Examine Leonardo S.p.a. (BIT:LDO)?
Sep 11With EPS Growth And More, Leonardo (BIT:LDO) Makes An Interesting Case
Aug 29Estimating The Fair Value Of Leonardo S.p.a. (BIT:LDO)
Aug 15Leonardo S.p.a. Just Missed Earnings - But Analysts Have Updated Their Models
Aug 02Earnings Not Telling The Story For Leonardo S.p.a. (BIT:LDO)
Jul 04Does Leonardo (BIT:LDO) Have A Healthy Balance Sheet?
Jun 10What Is Leonardo S.p.a.'s (BIT:LDO) Share Price Doing?
May 25Leonardo S.p.a. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 10Estimating The Fair Value Of Leonardo S.p.a. (BIT:LDO)
May 07Why Investors Shouldn't Be Surprised By Leonardo S.p.a.'s (BIT:LDO) P/E
Apr 04There May Be Reason For Hope In Leonardo's (BIT:LDO) Disappointing Earnings
Mar 19Leonardo S.p.a. (BIT:LDO) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 15Is Leonardo (BIT:LDO) Using Too Much Debt?
Feb 25At €14.43, Is Leonardo S.p.a. (BIT:LDO) Worth Looking At Closely?
Dec 14These 4 Measures Indicate That Leonardo (BIT:LDO) Is Using Debt Reasonably Well
Nov 26Leonardo S.p.a.'s (BIT:LDO) Intrinsic Value Is Potentially 49% Above Its Share Price
Nov 08Is Leonardo S.p.a. (BIT:LDO) Potentially Undervalued?
Sep 06We Think Leonardo (BIT:LDO) Is Taking Some Risk With Its Debt
Aug 19A Look At The Fair Value Of Leonardo S.p.a. (BIT:LDO)
Aug 04Leonardo (BIT:LDO) Has A Somewhat Strained Balance Sheet
Apr 27Why Leonardo S.p.a. (BIT:LDO) Could Be Worth Watching
Apr 12We Ran A Stock Scan For Earnings Growth And Leonardo (BIT:LDO) Passed With Ease
Mar 01Leonardo S.p.a.'s (BIT:LDO) Intrinsic Value Is Potentially 59% Above Its Share Price
Jan 27When Should You Buy Leonardo S.p.a. (BIT:LDO)?
Jan 06Is Leonardo (BIT:LDO) A Risky Investment?
Dec 16Is Now The Time To Look At Buying Leonardo S.p.a. (BIT:LDO)?
Sep 30Is Leonardo (BIT:LDO) Using Too Much Debt?
Sep 09These 4 Measures Indicate That Leonardo (BIT:LDO) Is Using Debt Extensively
Jun 06Should You Think About Buying Leonardo S.p.a. (BIT:LDO) Now?
May 19Is There An Opportunity With Leonardo S.p.a.'s (BIT:LDO) 37% Undervaluation?
Mar 29At €6.79, Is Leonardo S.p.a. (BIT:LDO) Worth Looking At Closely?
Feb 16Is Leonardo (BIT:LDO) Using Too Much Debt?
Jan 05When Should You Buy Leonardo S.p.a. (BIT:LDO)?
Nov 17Is Leonardo (BIT:LDO) A Risky Investment?
Sep 28Should You Think About Buying Leonardo S.p.a. (BIT:LDO) Now?
Aug 17Leonardo S.p.a. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Jul 31Is There An Opportunity With Leonardo S.p.a.'s (BIT:LDO) 30% Undervaluation?
Jul 27Leonardo (BIT:LDO) Has A Somewhat Strained Balance Sheet
Jun 15What Does Leonardo S.p.a.'s (BIT:LDO) Share Price Indicate?
May 10A Look At The Intrinsic Value Of Leonardo S.p.a. (BIT:LDO)
Apr 13Does Leonardo (BIT:LDO) Have A Healthy Balance Sheet?
Mar 10What Kind Of Shareholders Hold The Majority In Leonardo S.p.a.'s (BIT:LDO) Shares?
Feb 23Is Leonardo S.p.a. (BIT:LDO) Potentially Undervalued?
Feb 08Financial Position Analysis
Short Term Liabilities: LDO's short term assets (€6.6B) do not cover its short term liabilities (€7.4B).
Long Term Liabilities: LDO's short term assets (€6.6B) exceed its long term liabilities (€4.7B).
Debt to Equity History and Analysis
Debt Level: LDO's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: LDO's debt to equity ratio has reduced from 112% to 39.1% over the past 5 years.
Debt Coverage: LDO's debt is well covered by operating cash flow (35.4%).
Interest Coverage: LDO's interest payments on its debt are well covered by EBIT (17.5x coverage).