Splunk Balance Sheet Health
Financial Health criteria checks 4/6
Splunk has a total shareholder equity of $740.6M and total debt of $3.1B, which brings its debt-to-equity ratio to 419.5%. Its total assets and total liabilities are $6.7B and $5.9B respectively. Splunk's EBIT is $352.9M making its interest coverage ratio -5.8. It has cash and short-term investments of $2.0B.
Key information
419.5%
Debt to equity ratio
US$3.11b
Debt
| Interest coverage ratio | -5.8x |
| Cash | US$2.00b |
| Equity | US$740.61m |
| Total liabilities | US$5.95b |
| Total assets | US$6.69b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPLK's short term assets ($4.2B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: SPLK's short term assets ($4.2B) exceed its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: SPLK's net debt to equity ratio (149%) is considered high.
Reducing Debt: SPLK's debt to equity ratio has increased from 107.5% to 419.5% over the past 5 years.
Debt Coverage: SPLK's debt is well covered by operating cash flow (32.5%).
Interest Coverage: SPLK earns more interest than it pays, so coverage of interest payments is not a concern.