LHXL3Harris
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and typical volatility.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -38% · now 37% below its 52-week high.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can LHX take a bad year?
L3Harris carries $9.48B of net debt at 1.81× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2027 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.81×
Net debt / EBITDA · 2.44× a year ago · the load is coming down
- Debt / equity
- 0.55×
Debt / equity
- Annualised volatility
- 25%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2027
- $11.0B
- Cash and short-term investments
- $1.52B
- Net debt
- $9.48B
- EBITDA, trailing twelve months
- $5.23B
- Operating profit, trailing twelve months
- $4.04B
- Debt / equity
- 0.55×
- Total debt / EBITDA
- 2.10×
- Annualised volatilitytwo years of daily moves
- 25%
- Worst drawdown on file
- −38%
- Below its 52-week high
- 37%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Aerospace & Defense
The closest names by size in the same industry