Globant Balance Sheet Health
Financial Health criteria checks 5/6
Globant has a total shareholder equity of $1.8B and total debt of $127.4M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are $2.6B and $779.9M respectively. Globant's EBIT is $237.2M making its interest coverage ratio 12.5. It has cash and short-term investments of $180.4M.
Key information
6.9%
Debt to equity ratio
US$127.38m
Debt
| Interest coverage ratio | 12.5x |
| Cash | US$180.37m |
| Equity | US$1.84b |
| Total liabilities | US$779.89m |
| Total assets | US$2.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G1LO34's short term assets ($853.6M) exceed its short term liabilities ($551.2M).
Long Term Liabilities: G1LO34's short term assets ($853.6M) exceed its long term liabilities ($228.6M).
Debt to Equity History and Analysis
Debt Level: G1LO34 has more cash than its total debt.
Reducing Debt: G1LO34's debt to equity ratio has increased from 6.6% to 6.9% over the past 5 years.
Debt Coverage: G1LO34's debt is well covered by operating cash flow (211%).
Interest Coverage: G1LO34's interest payments on its debt are well covered by EBIT (12.5x coverage).