Company Information

  

Address: C/O GILAT SATELLITE NETWORKS INC
1651 OLD MEADOW RD 
City: MCLEAN 
State: VA 
Zip Code: 22102 
Telephone: 703-734-9401 

Description of Business

Primary SIC Code: 3663
(As filed with the SEC)  

We were incorporated in Israel in 1987 and are subject to the laws of the State of Israel. We are a public limited liability company under Israel's Companies Law and operate under that law and associated legislation. Our corporate headquarters, executive offices and main research and development and engineering facilities, as well as facilities for some manufacturing and product assembly are located at Gilat House, 21 Yegia Kapayim Street, Kiryat Arye, Petah Tikva 4913020, Israel. Our telephone number is (972) 3-925-2000. Our address in the U.S. is c/o Wavestream Corporation at 545 West Terrace Drive, San Dimas, California 91773. Our web-site address is www.gilat.com. The information on our website is not incorporated by reference into this annual report. We are a leading global provider of satellite-based broadband communications.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20170.12NA64.46
12/2016-0.10NAN/E
12/2015-1.19NAN/E
03/2014-0.28NAN/E
12/2013-0.23NAN/E
09/2013-0.85NAN/E
06/2013-0.67NAN/E
03/2013-0.55NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.01Total Liab/Total Assets0.44
Net Inc/Total Assets0.02Total Liab/Inv Cap0.72
Net Inc/Inv Cap0.03Total Liab/Comm Equity0.18
Pretax Inc/Net Sales0.02Interest Coverage Ratio2.52
Net Inc/Net Sales0.02Curr Debt/Equity0.02
Cash Flow/Net Sales0.07LTD/Equity0.06
SG&A/NetSales0.15Total Debt/Equity0.08
Asset Utilization   Liquidity  
Net Receivables Turnover2.85Quick Ratio1.48
Inventory Turnover7.96Current Ratio1.67
Inventory Day Sales0.02Net Rec/Curr Assets0.44
Net Sales/Work Cap2.85Inv/Curr Assets0.12
Net Sales/PP&E3.44  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 282.76 279.55 197.54 235.13
Cost of Goods Sold 200.26 204.06 153.46 151.50
Selling & Admin Exps 43.62 49.88 43.47 53.44
Operating Income 10.86 0.76 -43.70 5.04
Interest Exp 4.31 4.84 7.24 3.84
Pretax Income 6.55 -4.09 -50.94 1.20
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 6.80 -5.34 -52.33 -1.50

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 86.57 111.42 127.74 69.15
Receivables - Total 108.84 89.38 50.98 57.73
Inventories - Total 28.85 21.47 25.36 25.11
Total Current Assets 245.95 239.28 220.30 166.75
Net Property, Plant & Equipment 82.25 80.84 81.96 90.89
Total Assets 386.82 383.20 370.83 364.91
Liabilities        
Accounts Payable 122.39 128.21 136.84 61.12
Debt in Current Liabilities 4.48 4.62 11.54 20.45
Total Current Liabilities 146.91 146.67 159.77 100.16
Long-Term Debt 12.58 16.93 21.49 26.27
Total Liabilities 168.50 173.37 192.75 139.77
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 2.60 2.59 2.05 1.97
Retained Earnings -702.96 -709.71 -704.37 -652.03
Treasury Stock NA NA NA NA
Total Stockholders' Equity 218.32 209.83 178.08 225.14
Total Liabilities and Stockholders' Equity 386.82 383.20 370.83 364.91

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 20.80 10.78 -14.79 -16.16
Net Cash Provided by Investing Activities -3.98 -13.57 12.34 -26.75
Net Cash Provided by Financing Activities -4.01 23.92 -5.87 12.39

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013234.87-17.90-0.23
12/2014235.13-1.50--
12/2015197.54-52.33-1.19
12/2016279.55-5.34-0.10
12/2017282.766.800.12
Growth Rates4.75----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/18328,71815.91




Report Date : 6/18/2018

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