Globant Balance Sheet Health
Financial Health criteria checks 5/6
Globant has a total shareholder equity of $1.8B and total debt of $159.1M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are $2.7B and $948.7M respectively. Globant's EBIT is $219.9M making its interest coverage ratio 14.4. It has cash and short-term investments of $324.8M.
Key information
8.9%
Debt to equity ratio
US$159.11m
Debt
Interest coverage ratio | 14.4x |
Cash | US$324.76m |
Equity | US$1.79b |
Total liabilities | US$948.74m |
Total assets | US$2.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLOB's short term assets ($924.5M) exceed its short term liabilities ($678.1M).
Long Term Liabilities: GLOB's short term assets ($924.5M) exceed its long term liabilities ($270.7M).
Debt to Equity History and Analysis
Debt Level: GLOB has more cash than its total debt.
Reducing Debt: GLOB's debt to equity ratio has increased from 0% to 8.9% over the past 5 years.
Debt Coverage: GLOB's debt is well covered by operating cash flow (200.2%).
Interest Coverage: GLOB's interest payments on its debt are well covered by EBIT (14.4x coverage).