Lockheed Martin Balance Sheet Health
Financial Health criteria checks 4/6
Lockheed Martin has a total shareholder equity of $6.8B and total debt of $17.5B, which brings its debt-to-equity ratio to 255.4%. Its total assets and total liabilities are $52.5B and $45.6B respectively. Lockheed Martin's EBIT is $9.1B making its interest coverage ratio 9.9. It has cash and short-term investments of $1.4B.
Key information
255.4%
Debt to equity ratio
US$17.46b
Debt
Interest coverage ratio | 9.9x |
Cash | US$1.44b |
Equity | US$6.84b |
Total liabilities | US$45.62b |
Total assets | US$52.46b |
Recent financial health updates
Is Lockheed Martin (NYSE:LMT) A Risky Investment?
Feb 09Lockheed Martin (NYSE:LMT) Seems To Use Debt Quite Sensibly
Nov 08Does Lockheed Martin (NYSE:LMT) Have A Healthy Balance Sheet?
Aug 07These 4 Measures Indicate That Lockheed Martin (NYSE:LMT) Is Using Debt Reasonably Well
May 01We Think Lockheed Martin (NYSE:LMT) Can Stay On Top Of Its Debt
Jan 23Lockheed Martin (NYSE:LMT) Has A Pretty Healthy Balance Sheet
Sep 29Recent updates
Lockheed Martin: Robust Backlog Points To Sustained Growth
Mar 24Lockheed Martin: Momentum Is Building For A Counter Trend Bounce
Mar 16Returns At Lockheed Martin (NYSE:LMT) Appear To Be Weighed Down
Mar 11Is There An Opportunity With Lockheed Martin Corporation's (NYSE:LMT) 42% Undervaluation?
Feb 25Lockheed Martin: Problems Are Piling Up
Feb 21Is Lockheed Martin (NYSE:LMT) A Risky Investment?
Feb 09Lockheed Martin Q4: Anticipated Growth From Tactical & Strike Missiles And PAC-3 Defense
Jan 25Analysts Have Made A Financial Statement On Lockheed Martin Corporation's (NYSE:LMT) Annual Report
Jan 25Lockheed Martin: Present Defense Spending Doesn't Indicate Long-Term High Returns
Jan 18Lockheed Martin: A Solid Bet On The Future Of Defense And Aerospace (Rating Upgrade)
Jan 09There's Reason For Concern Over Lockheed Martin Corporation's (NYSE:LMT) Price
Jan 01Lockheed Martin: A Huge Moat, >10% Annual Return Potential, And Protection Against Mayhem
Dec 28Lockheed Martin Looks Strong, But Fairly Valued Already
Nov 25Is There An Opportunity With Lockheed Martin Corporation's (NYSE:LMT) 26% Undervaluation?
Nov 21Lockheed Martin (NYSE:LMT) Seems To Use Debt Quite Sensibly
Nov 08Lockheed Martin: Preparing For The Known
Nov 07Lockheed Martin: Defense To Diversify
Oct 25Lockheed Martin: Q3 Is More Of The Same, No Market-Beating Returns Here
Oct 18Lockheed Martin (NYSE:LMT) Is Increasing Its Dividend To $3.15
Oct 12Lockheed Martin Remains A Buy Amidst Global Tension
Oct 10Why We Like The Returns At Lockheed Martin (NYSE:LMT)
Oct 10Lockheed Martin: Not Too Big To Downsize
Oct 03Fortress Of Dividends: Lockheed Martin's 3% Yield Is Among The Best Money Can Buy
Sep 18Lockheed Martin Corporation (NYSE:LMT) Shares Could Be 29% Below Their Intrinsic Value Estimate
Aug 22Lockheed Martin: Huge Growth Ahead
Aug 18Does Lockheed Martin (NYSE:LMT) Have A Healthy Balance Sheet?
Aug 07Lockheed Martin Q2 Earnings Preview: Preparing For Takeoff
Jul 17Lockheed Martin (NYSE:LMT) Has Some Way To Go To Become A Multi-Bagger
Jul 10Dividend Delight: Lockheed Martin Rides High On Favorable Winds
Jun 21A Look At The Fair Value Of Lockheed Martin Corporation (NYSE:LMT)
May 16These 4 Measures Indicate That Lockheed Martin (NYSE:LMT) Is Using Debt Reasonably Well
May 01Lockheed Martin (NYSE:LMT) Is Achieving High Returns On Its Capital
Apr 02Lockheed Martin receives $164.3M US Army
Feb 24Lockheed Martin: Western Fiscal Realities May Sink Hopes Of Higher Defense Spending
Feb 13Calculating The Fair Value Of Lockheed Martin Corporation (NYSE:LMT)
Feb 09Is Lockheed Martin Stock A Buy After Earnings? Yes, On Any Weakness
Jan 30Lockheed Martin Non-GAAP EPS of $7.79 beats by $0.42, revenue of $18.99B beats by $740M
Jan 24We Think Lockheed Martin (NYSE:LMT) Can Stay On Top Of Its Debt
Jan 23Lockheed Martin secures $260.8M Navy contract modification
Jan 10Lockheed Martin unit awarded $7.84B modification contract
Jan 02Lockheed Martin (NYSE:LMT) Is Investing Its Capital With Increasing Efficiency
Dec 26Lockheed Martin receives $1.05B contract by U.S. Navy
Dec 23Lockheed Martin awarded $302.24M and $245.75M contracts by U.S. government
Dec 16Lockheed Martin awarded $2.22B contract by U.S. government
Dec 08Lockheed Martin (NYSE:LMT) Has Announced That It Will Be Increasing Its Dividend To $3.00
Nov 29Lockheed Martin: Sustainable Competitive Advantage
Nov 09Lockheed Martin (NYSE:LMT) Has Announced That It Will Be Increasing Its Dividend To $3.00
Nov 04Lockheed Martin (NYSE:LMT) Has Announced That It Will Be Increasing Its Dividend To $3.00
Oct 21An Intrinsic Calculation For Lockheed Martin Corporation (NYSE:LMT) Suggests It's 32% Undervalued
Oct 19Lockheed Martin Non-GAAP EPS of $6.87 beats by $0.15, revenue of $16.58B misses by $110M, reaffirms FY2022 Outlook
Oct 18Lockheed Martin (NYSE:LMT) Will Pay A Larger Dividend Than Last Year At $3.00
Oct 06Lockheed Martin among others to nab $5.1B Naval Air Systems contract
Oct 03Lockheed Martin (NYSE:LMT) Has A Pretty Healthy Balance Sheet
Sep 29Financial Position Analysis
Short Term Liabilities: LMT's short term assets ($20.5B) exceed its short term liabilities ($16.9B).
Long Term Liabilities: LMT's short term assets ($20.5B) do not cover its long term liabilities ($28.7B).
Debt to Equity History and Analysis
Debt Level: LMT's net debt to equity ratio (234.3%) is considered high.
Reducing Debt: LMT's debt to equity ratio has reduced from 973.4% to 255.4% over the past 5 years.
Debt Coverage: LMT's debt is well covered by operating cash flow (45.4%).
Interest Coverage: LMT's interest payments on its debt are well covered by EBIT (9.9x coverage).