Akamai Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Akamai Technologies has a total shareholder equity of $4.6B and total debt of $3.5B, which brings its debt-to-equity ratio to 76.4%. Its total assets and total liabilities are $9.9B and $5.3B respectively. Akamai Technologies's EBIT is $696.6M making its interest coverage ratio -15.2. It has cash and short-term investments of $1.7B.
Key information
76.4%
Debt to equity ratio
US$3.54b
Debt
Interest coverage ratio | -15.2x |
Cash | US$1.67b |
Equity | US$4.63b |
Total liabilities | US$5.30b |
Total assets | US$9.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A1KA34's short term assets ($2.6B) exceed its short term liabilities ($808.9M).
Long Term Liabilities: A1KA34's short term assets ($2.6B) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: A1KA34's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: A1KA34's debt to equity ratio has increased from 26.9% to 76.4% over the past 5 years.
Debt Coverage: A1KA34's debt is well covered by operating cash flow (41.4%).
Interest Coverage: A1KA34 earns more interest than it pays, so coverage of interest payments is not a concern.