Elbit Systems Balance Sheet Health
Financial Health criteria checks 5/6
Elbit Systems has a total shareholder equity of $3.0B and total debt of $1.0B, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are $9.7B and $6.8B respectively. Elbit Systems's EBIT is $380.0M making its interest coverage ratio 5.1. It has cash and short-term investments of $207.9M.
Key information
35.1%
Debt to equity ratio
US$1.04b
Debt
| Interest coverage ratio | 5.1x |
| Cash | US$207.95m |
| Equity | US$2.95b |
| Total liabilities | US$6.79b |
| Total assets | US$9.74b |
Recent financial health updates
No updates
Recent updates
Elbit Systems Is Much Too Risky
Jan 18Elbit Systems awarded $107M order to supply night vision systems for the U.S. Army
Oct 12Elbit Systems secures $120M contract to supply Hermes 900 UAS to the Royal Thai Navy
Sep 28Elbit Systems bags $80M contract for unmanned turrets
Sep 22Elbit Systems' subsidiary secures $49M ID/IQ contract to supply mortar systems for the U.S. army
Sep 12Elbit Systems Q2 2022 Earnings Preview
Aug 15Elbit Systems: Strong Cash Flow, Diversified Portfolio, And New Contracts Support Further Upside
Aug 03Elbit Systems secures $660M contract to supply intelligence capabilities for a country in Europe
Jul 13Elbit Systems bags $220M contract to supply airborne precision munition solution to a country in Asia-Pacific
Jun 29Elbit Systems Will March Along
Jun 22Elbit Systems Ltd. Soaring Aerospace Defense Stock
Mar 23Elbit Systems' German subsidiary bags $23M FMV contract
Jun 17Elbit Systems wins $80M contract to supply AI-powered electro-optical systems
Jun 02Elbit Systems wins a contract to supply Seagull USVs
Jan 13Elbit Systems' UK subsidiary wins $166M
Jan 11Elbit Systems wins $24M contract from the Dutch Ministry of Defence
Jan 06Elbit Systems' subsidiary to acquire Sparton
Dec 23Elbit Systems bags 2 contracts from Dutch Ministry of Defense
Dec 16Financial Position Analysis
Short Term Liabilities: ESLT's short term assets ($5.5B) exceed its short term liabilities ($4.8B).
Long Term Liabilities: ESLT's short term assets ($5.5B) exceed its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: ESLT's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: ESLT's debt to equity ratio has reduced from 42.9% to 35.1% over the past 5 years.
Debt Coverage: ESLT's debt is not well covered by operating cash flow (11%).
Interest Coverage: ESLT's interest payments on its debt are well covered by EBIT (5.1x coverage).