Global Payments Balance Sheet Health
Financial Health criteria checks 2/6
Global Payments has a total shareholder equity of $23.6B and total debt of $17.6B, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are $50.0B and $26.4B respectively. Global Payments's EBIT is $2.5B making its interest coverage ratio 5.1. It has cash and short-term investments of $2.9B.
Key information
74.4%
Debt to equity ratio
US$17.58b
Debt
| Interest coverage ratio | 5.1x |
| Cash | US$2.94b |
| Equity | US$23.62b |
| Total liabilities | US$26.37b |
| Total assets | US$49.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GPN's short term assets ($7.9B) do not cover its short term liabilities ($8.5B).
Long Term Liabilities: GPN's short term assets ($7.9B) do not cover its long term liabilities ($17.8B).
Debt to Equity History and Analysis
Debt Level: GPN's net debt to equity ratio (62%) is considered high.
Reducing Debt: GPN's debt to equity ratio has increased from 34.3% to 74.4% over the past 5 years.
Debt Coverage: GPN's debt is well covered by operating cash flow (20.1%).
Interest Coverage: GPN's interest payments on its debt are well covered by EBIT (5.1x coverage).