Leonardo DRS Balance Sheet Health
Financial Health criteria checks 6/6
Leonardo DRS has a total shareholder equity of $2.6B and total debt of $204.0M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are $4.1B and $1.5B respectively. Leonardo DRS's EBIT is $313.0M making its interest coverage ratio 18.4. It has cash and short-term investments of $380.0M.
Key information
7.9%
Debt to equity ratio
US$204.00m
Debt
| Interest coverage ratio | 18.4x |
| Cash | US$380.00m |
| Equity | US$2.57b |
| Total liabilities | US$1.53b |
| Total assets | US$4.10b |
Recent financial health updates
Recent updates
Leonardo DRS Is A Buy After Sell Off
Feb 24Leonardo DRS: Expect Its Fast, Profitable Growth To Continue
Nov 07
Innovative Tech And Critical Partnerships Prime For Unprecedented Aerospace & Defense Growth
Aug 27 Leonardo DRS's emphasis on advanced technologies and sectors indicates strong revenue growth opportunities through market share capture in high-demand areas.Leonardo DRS: Fundamental Economics Fully Captured At Starting Multiples
Aug 06Leonardo DRS Has Upside Potential
May 16Leonardo DRS: Thesis Intact, Maintain Neutral
Mar 07Leonardo DRS: Strong Business As Always, But High Valuation
Jan 26Financial Position Analysis
Short Term Liabilities: DRS's short term assets ($2.1B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: DRS's short term assets ($2.1B) exceed its long term liabilities ($498.0M).
Debt to Equity History and Analysis
Debt Level: DRS has more cash than its total debt.
Reducing Debt: DRS's debt to equity ratio has reduced from 49.9% to 7.9% over the past 5 years.
Debt Coverage: DRS's debt is well covered by operating cash flow (195.1%).
Interest Coverage: DRS's interest payments on its debt are well covered by EBIT (18.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/06 03:47 |
| End of Day Share Price | 2025/05/06 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Leonardo DRS, Inc. is covered by 10 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Arment | Baird |
| Ronald Epstein | BofA Global Research |
| Andre Madrid | BTIG |