Company Information

  

Address: 600 THIRD AVENUE
34TH FLOOR 
City: NEW YORK 
State: NY 
Zip Code: 10016 
Telephone: 212-697-1111 

Description of Business

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

L-3 Communications Holdings, Inc. (L-3 Holdings), a Delaware corporation organized in April 1997, derived all of its operating income and cash flows from its wholly-owned subsidiary, L-3 Communications Corporation (L-3 Corp). On December 31, 2016, we completed an internal reorganization to eliminate our holding company structure. Pursuant to the reorganization, L-3 Holdings was merged (the Merger) with and into L-3 Corp, with the subsidiary being the surviving entity in the Merger (the Surviving Entity). Immediately following the completion of the Merger, the name of the Surviving Entity was changed to L3 Technologies, Inc. (the Name Change). As a result of the Merger and the Name Change, all outstanding shares of L-3 Holdings' common stock were automatically converted into the same number of shares of common stock of L3 Technologies, Inc., with economic, voting and other rights that are substantially identical. The common stock of L3 Technologies, Inc.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20178.870.75018.84
03/20178.200.75020.16
12/20168.210.70018.53
09/20165.13NA29.38

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.76Total Liab/Total Assets0.62
Net Inc/Total Assets0.06Total Liab/Inv Cap0.75
Net Inc/Inv Cap0.07Total Liab/Comm Equity-7.79
Pretax Inc/Net Sales0.08Interest Coverage Ratio6.03
Net Inc/Net Sales0.07Curr Debt/EquityNA
Cash Flow/Net Sales0.10LTD/Equity0.73
SG&A/NetSalesNATotal Debt/Equity0.73
Asset Utilization   Liquidity  
Net Receivables Turnover3.75Quick Ratio1.58
Inventory Turnover28.67Current Ratio1.73
Inventory Day Sales0.08Net Rec/Curr Assets0.75
Net Sales/Work Cap6.73Inv/Curr Assets0.09
Net Sales/PP&E9.38  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/23/2016
Total Revenues(Net Sales) 2,732.00 2,669.00 2,989.00 2,505.00
Cost of Goods Sold 2,420.00 2,416.00 2,695.00 2,290.00
Selling & Admin Exps NA NA NA NA
Operating Income 312.00 253.00 294.00 215.00
Interest Exp 43.00 42.00 44.00 41.00
Pretax Income 273.00 216.00 251.00 180.00
Other Income 4.00 5.00 1.00 6.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 202.00 164.00 188.00 148.00

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/23/2016
Cash & Short Term Investments 385.00 230.00 363.00 411.00
Receivables - Total 3,043.00 3,056.00 2,786.00 3,077.00
Inventories - Total 355.00 353.00 330.00 361.00
Total Current Assets 4,021.00 3,872.00 3,697.00 4,009.00
Net Property, Plant & Equipment 1,113.00 1,123.00 1,121.00 1,083.00
Total Assets 12,432.00 12,164.00 11,865.00 11,811.00
Liabilities        
Accounts Payable 1,769.00 1,785.00 1,704.00 1,797.00
Debt in Current Liabilities NA NA 0.00 549.00
Total Current Liabilities 2,195.00 2,229.00 2,135.00 2,750.00
Long-Term Debt 3,327.00 3,326.00 3,325.00 2,782.00
Total Liabilities 7,456.00 7,433.00 7,312.00 7,243.00
Stockholder's Equity        
Minority Interest 71.00 71.00 71.00 72.00
Preferred Stock NA NA NA NA
Common Stock 6,396.00 6,330.00 6,285.00 6,225.00
Retained Earnings 6,466.00 6,323.00 6,218.00 6,087.00
Treasury Stock -7,250.00 -7,224.00 -7,224.00 -7,177.00
Total Stockholders' Equity 4,976.00 4,731.00 4,553.00 4,568.00
Total Liabilities and Stockholders' Equity 12,432.00 12,164.00 11,865.00 11,811.00

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/23/2016
Net Cash Provided by Operating Activities 266.00 85.00 NA NA
Net Cash Provided by Investing Activities -50.00 -159.00 NA NA
Net Cash Provided by Financing Activities -67.00 -63.00 NA NA

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201213,107.00784.00--
12/201311,420.00751.00--
12/201410,986.00664.00--
12/201510,466.00-240.00--
12/201610,511.00710.008.21
Growth Rates-5.37----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1758063,27580.90




Report Date : 10/16/2017

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