Elbit Systems's total assets reached ILS 7,580 mil at the end of 2Q2020, up 12.3% compared to the previous year.
Current assets amounted to ILS 3,978 mil, or 52.5% of total assets while cash stood at ILS 341 mil at the end of 2Q2020.
By contrast, total debt reached ILS 1,224 mil at the year-end, or 16.2% of total assets, while the firm's equity amounted to ILS 2,258 mil. As a result, net debt stood at ILS 883 mil at the end of 2Q2020 and accounted for 39.1% of equity.
Net debt against equity is up 21.0 pp from five years ago (18.1%). The ratio against EBITDA increased from 0.789x seen in 2Q2015 to 1.74x.
The company’s cost of funding amounted to in 2Q2020, down 3.42 pp compared to the average over the last 5 years.
You can see all the company’s data at Elbit Systems profile, or you can download a report on the company in the report section.
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