Coinbase Global Balance Sheet Health
Financial Health criteria checks 5/6
Coinbase Global has a total shareholder equity of $8.4B and total debt of $4.5B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are $287.0B and $278.6B respectively. Coinbase Global's EBIT is $1.2B making its interest coverage ratio -8.7. It has cash and short-term investments of $7.2B.
Key information
53.3%
Debt to equity ratio
US$4.47b
Debt
| Interest coverage ratio | -8.7x |
| Cash | US$7.23b |
| Equity | US$8.37b |
| Total liabilities | US$278.59b |
| Total assets | US$286.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COIN's short term assets ($282.9B) exceed its short term liabilities ($274.4B).
Long Term Liabilities: COIN's short term assets ($282.9B) exceed its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: COIN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if COIN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: COIN's debt is well covered by operating cash flow (27%).
Interest Coverage: COIN earns more interest than it pays, so coverage of interest payments is not a concern.