GoDaddy Balance Sheet Health
Financial Health criteria checks 2/6
GoDaddy has a total shareholder equity of $356.7M and total debt of $3.8B, which brings its debt-to-equity ratio to 1076.1%. Its total assets and total liabilities are $8.0B and $7.6B respectively. GoDaddy's EBIT is $873.8M making its interest coverage ratio 5.3. It has cash and short-term investments of $852.5M.
Key information
1,076.1%
Debt to equity ratio
US$3.84b
Debt
| Interest coverage ratio | 5.3x |
| Cash | US$852.50m |
| Equity | US$356.70m |
| Total liabilities | US$7.64b |
| Total assets | US$8.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G2DD34's short term assets ($1.6B) do not cover its short term liabilities ($2.8B).
Long Term Liabilities: G2DD34's short term assets ($1.6B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: G2DD34's net debt to equity ratio (837.1%) is considered high.
Reducing Debt: G2DD34's debt to equity ratio has increased from 362.2% to 1076.1% over the past 5 years.
Debt Coverage: G2DD34's debt is well covered by operating cash flow (32.4%).
Interest Coverage: G2DD34's interest payments on its debt are well covered by EBIT (5.3x coverage).