GoDaddy Balance Sheet Health
Financial Health criteria checks 2/6
GoDaddy has a total shareholder equity of $62.2M and total debt of $3.8B, which brings its debt-to-equity ratio to 6186.7%. Its total assets and total liabilities are $7.6B and $7.5B respectively. GoDaddy's EBIT is $650.3M making its interest coverage ratio 3.6. It has cash and short-term investments of $626.0M.
Key information
6,186.7%
Debt to equity ratio
US$3.85b
Debt
Interest coverage ratio | 3.6x |
Cash | US$626.00m |
Equity | US$62.20m |
Total liabilities | US$7.50b |
Total assets | US$7.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G2DD34's short term assets ($1.3B) do not cover its short term liabilities ($2.7B).
Long Term Liabilities: G2DD34's short term assets ($1.3B) do not cover its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: G2DD34's net debt to equity ratio (5180.2%) is considered high.
Reducing Debt: G2DD34's debt to equity ratio has increased from 307% to 6186.7% over the past 5 years.
Debt Coverage: G2DD34's debt is well covered by operating cash flow (27.2%).
Interest Coverage: G2DD34's interest payments on its debt are well covered by EBIT (3.6x coverage).