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Lockheed Martin - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Military & Defense | USA | April 2, 2020
$2.99
Excel Sheet

Lockheed Martin's net debt stood at USD 12,240 mil and accounted for 3.86% of equity at the end of 2019. The ratio is down 5.34 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 113% in 2012 and a low of -14.7% in 2017 between 1993 and 2019. The average for the last five years was 2.14%.

Net debt to EBITDA was calculated at 1.04x at the end of the year. That is up from 0.790x seen in 2014. The ratio reached a high of 4.37x in 1999 and a low of 0.264x in 2008.

The company’s cost of funding amounted to 4.69% in 2019, up which is above the 5-year of 4.52%. Funding costs have “eaten” some 6.15% 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.