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General Dynamics (FRA:GDX) Debt-to-Equity : 0.52 (As of Mar. 2024)


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What is General Dynamics Debt-to-Equity?

General Dynamics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €765 Mil. General Dynamics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €9,413 Mil. General Dynamics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €19,697 Mil. General Dynamics's debt to equity for the quarter that ended in Mar. 2024 was 0.52.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for General Dynamics's Debt-to-Equity or its related term are showing as below:

FRA:GDX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 0.61   Max: 1.47
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of General Dynamics was 1.47. The lowest was 0.30. And the median was 0.61.

FRA:GDX's Debt-to-Equity is ranked worse than
56.03% of 257 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs FRA:GDX: 0.52

General Dynamics Debt-to-Equity Historical Data

The historical data trend for General Dynamics's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

General Dynamics Debt-to-Equity Chart

General Dynamics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.94 0.75 0.65 0.52

General Dynamics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.59 0.55 0.52 0.52

Competitive Comparison of General Dynamics's Debt-to-Equity

For the Aerospace & Defense subindustry, General Dynamics's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


General Dynamics's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, General Dynamics's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where General Dynamics's Debt-to-Equity falls into.



General Dynamics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

General Dynamics's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

General Dynamics's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


General Dynamics  (FRA:GDX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


General Dynamics Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of General Dynamics's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


General Dynamics (FRA:GDX) Business Description

Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment creates and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics (FRA:GDX) Headlines

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