Lockheed Martin's net debt stood at USD 12,240 mil and accounted for 386% of equity at the end of 4Q2019. The ratio is down 534 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 11,308% in 4Q2012 and a low of -10,658% in 1Q2018 between 1Q2010 and 4Q2019. The average for the last five years was -7.21%.
Net debt to EBITDA was calculated at 1.01x at the end of the quarter. That is up from 0.700x seen in 2014-12-31. The ratio reached a high of 2.23x in 4Q2015 and a low of 0.284x in 2Q2011.
The company’s cost of funding amounted to 4.50% in 4Q2019, down which is above the 5-year of 4.60%. Funding costs have “eaten” some 5.98% of the operating profit generated in 2019.
You can see all the company’s data at Lockheed Martin profile, or you can download a report on the company in the report section.
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