Leonardo Balance Sheet Health
Financial Health criteria checks 5/6
Leonardo has a total shareholder equity of €8.6B and total debt of €4.3B, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are €30.7B and €22.1B respectively. Leonardo's EBIT is €1.2B making its interest coverage ratio 10.9. It has cash and short-term investments of €2.4B.
Key information
50.5%
Debt to equity ratio
€4.32b
Debt
Interest coverage ratio | 10.9x |
Cash | €2.41b |
Equity | €8.56b |
Total liabilities | €22.13b |
Total assets | €30.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FINM.Y's short term assets (€16.4B) do not cover its short term liabilities (€17.0B).
Long Term Liabilities: FINM.Y's short term assets (€16.4B) exceed its long term liabilities (€5.1B).
Debt to Equity History and Analysis
Debt Level: FINM.Y's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: FINM.Y's debt to equity ratio has reduced from 102.2% to 50.5% over the past 5 years.
Debt Coverage: FINM.Y's debt is well covered by operating cash flow (27.5%).
Interest Coverage: FINM.Y's interest payments on its debt are well covered by EBIT (10.9x coverage).