Gilat Satellite Networks Balance Sheet Health
Financial Health criteria checks 6/6
Gilat Satellite Networks has a total shareholder equity of $282.8M and total debt of $2.1M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are $416.9M and $134.2M respectively. Gilat Satellite Networks's EBIT is $23.8M making its interest coverage ratio -4.8. It has cash and short-term investments of $93.7M.
Key information
0.8%
Debt to equity ratio
US$2.13m
Debt
| Interest coverage ratio | -4.8x |
| Cash | US$93.67m |
| Equity | US$282.76m |
| Total liabilities | US$134.17m |
| Total assets | US$416.93m |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Gilat Satellite Networks (NASDAQ:GILT) Is Using Debt Safely
Jun 19
Gilat Satellite Networks Ltd.'s (NASDAQ:GILT) Subdued P/S Might Signal An Opportunity
Apr 08Some Investors May Be Willing To Look Past Gilat Satellite Networks' (NASDAQ:GILT) Soft Earnings
Nov 22Gilat receives multimillion-dollar orders from SES
Sep 06Gilat Satellite Q2 Earnings Preview
Aug 08Gilat signs agreement for providing digital services over Satellite
Aug 02Gilat Satellite and Intelsat expand strategic in-flight connectivity partnership in Japan
Jul 25Gilat nabs order worth over $7M from Tier-1 Mobile Network Carrier
Jul 14Gilat Satellite secures follow-on network expansion orders from Asian nation
Jul 07Gilat Satellite: Close To A Firm Intermediate Bottom
Dec 03Gilat Satellite Networks: Strong Q2 Reaffirms The Bullish Outlook
Aug 13Gilat bags contract to supply satellite communication equipment for military usage
Jun 10Gilat extends multi-million dollar IoT project in Latin America
May 26Gilat inks strategic agreement with APAC based government corporation
May 03Globe Telecom selects Gilat for expansion of cellular backhaul project throughout the Philippines
Jan 11Gilat outlines tax requirements for special dividend
Jan 05Gilat Satellite declares $0.63 dividend
Dec 30Gilat bags a multi-million dollar order from Hispasat
Dec 21Gilat receives U.S. DoD multi-million-dollar order
Dec 08Gilat scores big contract for U.S. military communications program
Nov 24Gilat makes interim CEO permanent
Nov 23Financial Position Analysis
Short Term Liabilities: GILT's short term assets ($239.7M) exceed its short term liabilities ($112.2M).
Long Term Liabilities: GILT's short term assets ($239.7M) exceed its long term liabilities ($22.0M).
Debt to Equity History and Analysis
Debt Level: GILT has more cash than its total debt.
Reducing Debt: GILT's debt to equity ratio has reduced from 3.7% to 0.8% over the past 5 years.
Debt Coverage: GILT's debt is well covered by operating cash flow (1147%).
Interest Coverage: GILT earns more interest than it pays, so coverage of interest payments is not a concern.