Leonardo DRS Balance Sheet Health
Financial Health criteria checks 5/6
Leonardo DRS has a total shareholder equity of $2.3B and total debt of $295.0M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are $3.9B and $1.6B respectively. Leonardo DRS's EBIT is $242.0M making its interest coverage ratio 6.7. It has cash and short-term investments of $467.0M.
Key information
12.7%
Debt to equity ratio
US$295.00m
Debt
| Interest coverage ratio | 6.7x |
| Cash | US$467.00m |
| Equity | US$2.33b |
| Total liabilities | US$1.60b |
| Total assets | US$3.92b |
Recent financial health updates
Recent updates
Leonardo DRS: Thesis Intact, Maintain Neutral
Mar 07Leonardo DRS: Strong Business As Always, But High Valuation
Jan 26Leonardo DRS, Inc. (NASDAQ:DRS) Shares Could Be 42% Below Their Intrinsic Value Estimate
Aug 15
An Intrinsic Calculation For Leonardo DRS, Inc. (NASDAQ:DRS) Suggests It's 38% Undervalued
May 04A Piece Of The Puzzle Missing From Leonardo DRS, Inc.'s (NASDAQ:DRS) Share Price
Jan 11Financial Position Analysis
Short Term Liabilities: DRS's short term assets ($1.9B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: DRS's short term assets ($1.9B) exceed its long term liabilities ($518.0M).
Debt to Equity History and Analysis
Debt Level: DRS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DRS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DRS's debt is well covered by operating cash flow (69.5%).
Interest Coverage: DRS's interest payments on its debt are well covered by EBIT (6.7x coverage).