VeriSign Balance Sheet Health
Financial Health criteria checks 2/6
VeriSign has a total shareholder equity of $-1.6B and total debt of $1.8B, which brings its debt-to-equity ratio to -113.2%. Its total assets and total liabilities are $1.7B and $3.3B respectively. VeriSign's EBIT is $1.0B making its interest coverage ratio 34.3. It has cash and short-term investments of $926.4M.
Key information
-113.2%
Debt to equity ratio
US$1.79b
Debt
| Interest coverage ratio | 34.3x |
| Cash | US$926.40m |
| Equity | -US$1.58b |
| Total liabilities | US$3.33b |
| Total assets | US$1.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRSND has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: VRSND has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: VRSND has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: VRSND's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: VRSND's debt is well covered by operating cash flow (47.7%).
Interest Coverage: VRSND's interest payments on its debt are well covered by EBIT (34.3x coverage).