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Gilat Satellite Networks Ltd. logo
Gilat Satellite Networks Ltd. GILT
$ 5.97 -21.14%
report update icon

Quarterly report 2022-Q4
added 11-10-2026

Gilat Satellite Networks Ltd. Balance Sheet 2025-2008 | GILT

Brief overview of Gilat Satellite Networks Ltd.'s balance sheet strength

The balance sheet is assessed across five available annual reports spanning 2016 to 2020.

Assets increased +7.6%, from $383.2 million to $412.2 million. The business expanded, but without sharp acceleration.

Liability growth of -7.7% trailed asset growth of +7.6%. The funding structure became more resilient.

Equity funds 60.7% of assets versus 54.8% initially. This creates a conservative balance sheet structure.

Cash accounts for 21.5% of assets versus 10.5% initially. The change indicates the degree of financial flexibility.

The balance sheet carries negative retained earnings of -$674.9 million. The figure may result from accumulated losses or an active capital return policy.

Conclusion

Gilat Satellite Networks Ltd.'s balance sheet is broadly resilient, though selected areas require monitoring. The balance between assets, equity and liabilities remains the key issue.

Annual Balance Sheet Gilat Satellite Networks Ltd.

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Net Debt

- -115 M -99.5 M - - - -68.8 M -54.8 M -35.9 M -18.6 M 7.6 M 3.14 M -22.5 M -18.3 M 3.21 M - - -

Long Term Debt

- 2 M 2 M - - - 4 M 8.1 M 12.6 M 16.9 M 21.5 M 26.3 M 31.3 M 40.7 M 40.4 M - - -

Long Term Debt Current

2.96 M 2.56 M 2.43 M 1.94 M - 1.91 M 1.98 M 4.46 M 4.48 M 4.62 M 4.54 M 4.6 M 4.66 M 7.96 M 19.1 M 2.19 M - -

Total Non Current Liabilities

30.3 M 23.9 M 25.6 M 15.5 M 10.9 M 13 M 17.3 M 15.3 M 21.6 M 26.7 M 33 M 39.6 M 45.8 M 68.8 M 75.1 M 103 M - -

Total Current Liabilities

215 M 101 M 127 M 126 M 109 M 149 M 121 M 140 M 147 M 147 M 160 M 100 M 97 M 104 M 111 M 87.9 M - -

Total Liabilities

- - - - - 160 M 138 M 156 M 168 M 173 M 193 M 140 M 143 M 173 M 187 M - - -

Deferred Revenue

- - - - - - - - - 45.2 M 96.1 M 19.8 M 35.1 M 22.8 M 1.55 M - - -

Retained Earnings

-615 M -635 M -660 M -684 M -678 M -675 M -671 M -16.1 M -703 M -710 M -704 M -652 M -651 M -633 M -609 M -604 M - -

Total Assets

746 M 430 M 427 M 385 M 368 M 412 M 392 M 395 M 387 M 383 M 371 M 365 M 369 M 415 M 447 M 455 M - -

Cash and Cash Equivalents

169 M 119 M 104 M 86.6 M - 88.8 M 74.8 M 67.4 M 53 M 40.1 M 18.4 M 27.7 M 58.4 M 67 M 56.2 M 57.2 M 123 M 73.9 M

Book Value

746 M 430 M 427 M 385 M 368 M 252 M 254 M 239 M 218 M 210 M 178 M 225 M 226 M 242 M 260 M 455 M - -

Total Shareholders Equity

500 M 304 M 275 M 244 M 248 M 250 M 270 M 255 M 218 M 210 M 178 M 225 M 226 M 242 M 260 M 264 M 232 M 230 M

All numbers in USD currency

Quarterly Balance Sheet Gilat Satellite Networks Ltd.

2025-Q4 2025-Q2 2024-Q4 2024-Q2 2023-Q4 2023-Q2 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q4 2009-Q4 2008-Q4

Long Term Debt

- 59.2 M 2 M 2 M 2 M 1.26 M 1.89 M - 2.06 M - 2.28 M - 2.58 M - 2.98 M - 4.15 M - 3.26 M - 3.09 M - 12.6 M - - - 17.1 M - - - 21.5 M - - - 26 M - - - 30.9 M - - - 35.9 M - - - 48.7 M - - - 45.1 M - - - - - -

Total Non Current Liabilities

30.3 M 113 M 23.9 M 22 M 25.6 M 9.3 M 15.5 M - 9.46 M - 10.9 M - 13.8 M - 13 M - 13.2 M - 17.3 M - 14.8 M - 15.3 M - - - 21.6 M - - - 26.7 M - - - 33 M 33.5 M - - 39.6 M - - - 45.8 M - 68.8 M - 62.6 M - 76 M - 75.1 M - - - 103 M - -

Deferred Revenue

- - - - - - - - - - - - - - - - - - - - - - 8.66 M - - - 6.01 M - - - - - - - 4.82 M - - - 3.99 M - - - 6.26 M - - - 12.9 M - - - 12.1 M - - - - - -

Retained Earnings

-615 M -632 M -635 M -654 M -660 M -674 M -684 M - -680 M - -678 M - -697 M - -675 M - -687 M - -671 M - -702 M - -16.1 M - - - -703 M - - - -710 M - - - -704 M -699 M - - -652 M - - - -651 M - -639 M - -633 M - -612 M - -609 M - - - -604 M - -

Total Assets

746 M 576 M 430 M 417 M 427 M 372 M 385 M - 376 M - 368 M - 351 M - 412 M - 358 M - 392 M - 366 M - 395 M - - - 392 M - - - 383 M - - - 371 M 344 M - - 365 M - - - 369 M - 406 M - 415 M - 452 M - 447 M - - - 455 M - -

Cash and Cash Equivalents

169 M 64.9 M 119 M 93.7 M 104 M 87.4 M 87.1 M - 71.5 M - 84.5 M - 79.8 M - 116 M - 85.3 M - 102 M - 69.5 M - 104 M - 95.8 M - 86.8 M - - - 112 M - - - 128 M 27.7 M - - 27.7 M 24.6 M - - 58.4 M - 65.8 M - 67 M - 52.5 M - 67 M - 46.1 M - 57.2 M 123 M 73.9 M

Book Value

746 M 576 M 430 M 417 M 427 M 372 M 385 M - 376 M - 368 M - 351 M - 412 M - 358 M - 392 M - 366 M - 395 M - - - 392 M - - - 383 M - - - 371 M 344 M - - 365 M - - - 369 M - 406 M - 415 M - 452 M - 447 M - - - 455 M - -

Total Shareholders Equity

500 M 316 M 304 M 283 M 275 M 255 M 244 M - 246 M - 248 M - 245 M - 250 M - 237 M - 270 M - 223 M - 255 M - 223 M - 218 M - - - 210 M - - - 178 M 183 M - - 225 M - - - 226 M - 236 M - 242 M - 260 M - 260 M - - - 264 M 232 M 230 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of Gilat Satellite Networks Ltd., providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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