Global Payments Balance Sheet Health
Financial Health criteria checks 2/6
Global Payments has a total shareholder equity of $23.8B and total debt of $17.3B, which brings its debt-to-equity ratio to 72.6%. Its total assets and total liabilities are $50.6B and $26.8B respectively. Global Payments's EBIT is $2.2B making its interest coverage ratio 4.3. It has cash and short-term investments of $2.1B.
Key information
72.6%
Debt to equity ratio
US$17.27b
Debt
Interest coverage ratio | 4.3x |
Cash | US$2.09b |
Equity | US$23.79b |
Total liabilities | US$26.78b |
Total assets | US$50.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G1PI34's short term assets ($8.1B) do not cover its short term liabilities ($8.1B).
Long Term Liabilities: G1PI34's short term assets ($8.1B) do not cover its long term liabilities ($18.7B).
Debt to Equity History and Analysis
Debt Level: G1PI34's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: G1PI34's debt to equity ratio has reduced from 139.6% to 72.6% over the past 5 years.
Debt Coverage: G1PI34's debt is not well covered by operating cash flow (13%).
Interest Coverage: G1PI34's interest payments on its debt are well covered by EBIT (4.3x coverage).