VeriSign Balance Sheet Health
Financial Health criteria checks 2/6
VeriSign has a total shareholder equity of $-1.9B and total debt of $1.8B, which brings its debt-to-equity ratio to -94.3%. Its total assets and total liabilities are $1.5B and $3.4B respectively. VeriSign's EBIT is $1.1B making its interest coverage ratio 32.2. It has cash and short-term investments of $644.9M.
Key information
-94.3%
Debt to equity ratio
US$1.79b
Debt
| Interest coverage ratio | 32.2x |
| Cash | US$644.90m |
| Equity | -US$1.90b |
| Total liabilities | US$3.36b |
| Total assets | US$1.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRSN34 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: VRSN34 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: VRSN34 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: VRSN34's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: VRSN34's debt is well covered by operating cash flow (48.8%).
Interest Coverage: VRSN34's interest payments on its debt are well covered by EBIT (32.2x coverage).