L3harris Technologies Stock Debt To Equity

LHX Stock

USD 246.25 0.92 0.38%

L3Harris Technologies fundamentals help investors to digest information that contributes to L3Harris Technologies' financial success or failures. It also enables traders to predict the movement of L3Harris Stock. The fundamental analysis module provides a way to measure L3Harris Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to L3Harris Technologies stock.

		Last Reported	Projected for Next Year
	Debt To Equity	0.37	0.50

Debt To Equity is likely to rise to 0.50 in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

L3Harris Technologies Company Debt To Equity Analysis

L3Harris Technologies' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current L3Harris Technologies Debt To Equity

0.42 %

Most of L3Harris Technologies' fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, L3Harris Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

L3Harris Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for L3Harris Technologies is extremely important. It helps to project a fair market value of L3Harris Stock properly, considering its historical fundamentals such as Debt To Equity. Since L3Harris Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of L3Harris Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of L3Harris Technologies' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Good Will	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Property Plant Equipment	Long Term Debt	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.98	0.91	0.91	0.92	0.97	0.99	0.62	0.99	0.96	0.84	1.0	0.97	-0.75	0.86	0.87	0.2	0.86	0.52	0.64	0.81	0.78	0.45	0.84
Total Stockholder Equity	0.98		0.81	0.88	0.9	0.89	0.95	0.48	0.98	0.92	0.87	0.98	0.92	-0.68	0.77	0.83	0.26	0.79	0.46	0.52	0.79	0.79	0.54	0.82
Net Debt	0.91	0.81		0.89	0.85	0.98	0.92	0.86	0.89	0.92	0.63	0.88	0.95	-0.7	0.89	0.83	-0.01	0.89	0.59	0.86	0.75	0.64	0.14	0.76
Retained Earnings	0.91	0.88	0.89		0.82	0.91	0.94	0.69	0.89	0.97	0.75	0.9	0.95	-0.66	0.87	0.89	0.06	0.93	0.62	0.68	0.85	0.74	0.37	0.87
Net Receivables	0.92	0.9	0.85	0.82		0.89	0.9	0.54	0.94	0.84	0.73	0.91	0.89	-0.61	0.75	0.79	0.27	0.76	0.53	0.56	0.74	0.71	0.44	0.76
Total Liab	0.97	0.89	0.98	0.91	0.89		0.97	0.75	0.95	0.95	0.75	0.95	0.97	-0.78	0.91	0.87	0.11	0.89	0.57	0.76	0.79	0.73	0.3	0.81
Total Current Assets	0.99	0.95	0.92	0.94	0.9	0.97		0.67	0.98	0.97	0.81	0.97	0.99	-0.7	0.88	0.9	0.18	0.9	0.6	0.67	0.85	0.8	0.41	0.87
Short Term Debt	0.62	0.48	0.86	0.69	0.54	0.75	0.67		0.6	0.71	0.26	0.58	0.75	-0.41	0.66	0.61	-0.22	0.72	0.53	0.99	0.53	0.38	-0.27	0.52
Intangible Assets	0.99	0.98	0.89	0.89	0.94	0.95	0.98	0.6		0.93	0.83	0.99	0.96	-0.7	0.81	0.85	0.24	0.82	0.51	0.62	0.79	0.78	0.45	0.82
Accounts Payable	0.96	0.92	0.92	0.97	0.84	0.95	0.97	0.71	0.93		0.75	0.95	0.98	-0.73	0.91	0.93	0.07	0.96	0.63	0.7	0.88	0.78	0.39	0.9
Common Stock	0.84	0.87	0.63	0.75	0.73	0.75	0.81	0.26	0.83	0.75		0.86	0.73	-0.68	0.64	0.65	0.28	0.6	0.36	0.28	0.68	0.7	0.59	0.64
Good Will	1.0	0.98	0.88	0.9	0.91	0.95	0.97	0.58	0.99	0.95	0.86		0.95	-0.77	0.85	0.86	0.21	0.84	0.48	0.6	0.8	0.77	0.48	0.83
Current Deferred Revenue	0.97	0.92	0.95	0.95	0.89	0.97	0.99	0.75	0.96	0.98	0.73	0.95		-0.68	0.88	0.9	0.09	0.92	0.63	0.75	0.85	0.77	0.32	0.86
Net Tangible Assets	-0.75	-0.68	-0.7	-0.66	-0.61	-0.78	-0.7	-0.41	-0.7	-0.73	-0.68	-0.77	-0.68		-0.87	-0.74	-0.22	-0.73	-0.37	-0.39	-0.69	-0.65	-0.52	-0.7
Long Term Debt Total	0.86	0.77	0.89	0.87	0.75	0.91	0.88	0.66	0.81	0.91	0.64	0.85	0.88	-0.87		0.94	0.19	0.95	0.65	0.61	0.88	0.79	0.44	0.9
Capital Surpluse	0.87	0.83	0.83	0.89	0.79	0.87	0.9	0.61	0.85	0.93	0.65	0.86	0.9	-0.74	0.94		0.34	0.96	0.74	0.56	0.97	0.91	0.57	0.99
Deferred Long Term Liab	0.2	0.26	-0.01	0.06	0.27	0.11	0.18	-0.22	0.24	0.07	0.28	0.21	0.09	-0.22	0.19	0.34		0.07	0.18	-0.28	0.34	0.55	0.72	0.39
Property Plant Equipment	0.86	0.79	0.89	0.93	0.76	0.89	0.9	0.72	0.82	0.96	0.6	0.84	0.92	-0.73	0.95	0.96	0.07		0.74	0.68	0.92	0.8	0.38	0.93
Long Term Debt	0.52	0.46	0.59	0.62	0.53	0.57	0.6	0.53	0.51	0.63	0.36	0.48	0.63	-0.37	0.65	0.74	0.18	0.74		0.46	0.83	0.77	0.25	0.72
Short Long Term Debt	0.64	0.52	0.86	0.68	0.56	0.76	0.67	0.99	0.62	0.7	0.28	0.6	0.75	-0.39	0.61	0.56	-0.28	0.68	0.46		0.47	0.32	-0.31	0.46
Net Invested Capital	0.81	0.79	0.75	0.85	0.74	0.79	0.85	0.53	0.79	0.88	0.68	0.8	0.85	-0.69	0.88	0.97	0.34	0.92	0.83	0.47		0.95	0.6	0.97
Cash And Equivalents	0.78	0.79	0.64	0.74	0.71	0.73	0.8	0.38	0.78	0.78	0.7	0.77	0.77	-0.65	0.79	0.91	0.55	0.8	0.77	0.32	0.95		0.7	0.93
Net Working Capital	0.45	0.54	0.14	0.37	0.44	0.3	0.41	-0.27	0.45	0.39	0.59	0.48	0.32	-0.52	0.44	0.57	0.72	0.38	0.25	-0.31	0.6	0.7		0.64
Capital Stock	0.84	0.82	0.76	0.87	0.76	0.81	0.87	0.52	0.82	0.9	0.64	0.83	0.86	-0.7	0.9	0.99	0.39	0.93	0.72	0.46	0.97	0.93	0.64

Click cells to compare fundamentals

L3Harris Debt To Equity Historical Pattern

Today, most investors in L3Harris Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various L3Harris Technologies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of L3Harris Technologies debt to equity as a starting point in their analysis.

L3Harris Technologies Debt To Equity

Timeline

High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Competition

Predict L3Harris Technologies

Debt To Equity Over Time

L3Harris Total Stockholder Equity

Total Stockholder Equity

19.7 Billion

At this time, L3Harris Technologies' Total Stockholder Equity is fairly stable compared to the past year.

According to the company disclosure, L3Harris Technologies has a Debt To Equity of 0.421%. This is 99.44% lower than that of the Aerospace & Defense sector and 99.44% lower than that of the Industrials industry. The debt to equity for all United States stocks is 99.14% higher than that of the company.

L3Harris Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses L3Harris Technologies' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of L3Harris Technologies could also be used in its relative valuation, which is a method of valuing L3Harris Technologies by comparing valuation metrics of similar companies.

L3Harris Technologies is currently under evaluation in debt to equity category among its peers.

L3Harris Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, L3Harris Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to L3Harris Technologies' managers, analysts, and investors.

Environmental

Governance

Social

L3Harris Fundamentals

	Return On Equity	0.0626
	Return On Asset	0.0355
	Profit Margin	0.06 %
	Operating Margin	0.1 %
	Current Valuation	58.9 B
	Shares Outstanding	189.67 M
	Shares Owned By Insiders	0.32 %
	Shares Owned By Institutions	85.93 %
	Number Of Shares Shorted	1.9 M
	Price To Earning	39.56 X
	Price To Book	2.45 X
	Price To Sales	2.20 X
	Revenue	19.42 B
	Gross Profit	4.93 B
	EBITDA	2.93 B
	Net Income	1.23 B
	Cash And Equivalents	941 M
	Cash Per Share	2.78 X
	Total Debt	13.95 B
	Debt To Equity	0.42 %
	Current Ratio	1.10 X
	Book Value Per Share	100.23 X
	Cash Flow From Operations	2.1 B
	Short Ratio	2.25 X
	Earnings Per Share	6.33 X
	Price To Earnings To Growth	0.94 X
	Target Price	279.14
	Number Of Employees	50 K
	Beta	0.73
	Market Capitalization	46.53 B
	Total Asset	41.69 B
	Retained Earnings	3.22 B
	Working Capital	51 M
	Current Asset	2.33 B
	Current Liabilities	1.46 B
	Annual Yield	0.02 %
	Five Year Return	1.65 %
	Net Asset	41.69 B
	Last Dividend Paid	4.62

About L3Harris Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze L3Harris Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of L3Harris Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of L3Harris Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for L3Harris Stock Analysis

When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC