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
CashUS$7.23b
EquityUS$8.37b
Total liabilitiesUS$278.59b
Total assetsUS$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.


Balance Sheet


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