Leonardo DRS Balance Sheet Health
Financial Health criteria checks 5/6
Leonardo DRS has a total shareholder equity of $2.4B and total debt of $219.0M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are $3.8B and $1.4B respectively. Leonardo DRS's EBIT is $260.0M making its interest coverage ratio 7.9. It has cash and short-term investments of $160.0M.
Key information
9.3%
Debt to equity ratio
US$219.00m
Debt
Interest coverage ratio | 7.9x |
Cash | US$160.00m |
Equity | US$2.36b |
Total liabilities | US$1.43b |
Total assets | US$3.78b |
Recent financial health updates
Recent updates
Leonardo DRS Has Upside Potential
May 16Leonardo 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 15An 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 ($1.8B) exceed its short term liabilities ($902.0M).
Long Term Liabilities: DRS's short term assets ($1.8B) exceed its long term liabilities ($524.0M).
Debt to Equity History and Analysis
Debt Level: DRS's net debt to equity ratio (2.5%) is considered satisfactory.
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 (125.1%).
Interest Coverage: DRS's interest payments on its debt are well covered by EBIT (7.9x coverage).