Leonardo Balance Sheet Health
Financial Health criteria checks 5/6
Leonardo has a total shareholder equity of €9.4B and total debt of €4.3B, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are €21.9B and €12.5B respectively. Leonardo's EBIT is €1.2B making its interest coverage ratio 13.1. It has cash and short-term investments of €1.8B.
Key information
46.0%
Debt to equity ratio
€4.32b
Debt
Interest coverage ratio | 13.1x |
Cash | €1.82b |
Equity | €9.41b |
Total liabilities | €12.49b |
Total assets | €21.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FINM.Y's short term assets (€6.9B) do not cover its short term liabilities (€7.8B).
Long Term Liabilities: FINM.Y's short term assets (€6.9B) exceed its long term liabilities (€4.7B).
Debt to Equity History and Analysis
Debt Level: FINM.Y's net debt to equity ratio (26.6%) is considered satisfactory.
Reducing Debt: FINM.Y's debt to equity ratio has reduced from 110.7% to 46% over the past 5 years.
Debt Coverage: FINM.Y's debt is well covered by operating cash flow (29.4%).
Interest Coverage: FINM.Y's interest payments on its debt are well covered by EBIT (13.1x coverage).