Workday Balance Sheet Health
Financial Health criteria checks 6/6
Workday has a total shareholder equity of $8.1B and total debt of $3.0B, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are $16.5B and $8.4B respectively. Workday's EBIT is $183.0M making its interest coverage ratio -1. It has cash and short-term investments of $7.8B.
Key information
36.9%
Debt to equity ratio
US$2.98b
Debt
Interest coverage ratio | -1x |
Cash | US$7.81b |
Equity | US$8.08b |
Total liabilities | US$8.37b |
Total assets | US$16.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: W1DA34's short term assets ($9.9B) exceed its short term liabilities ($5.1B).
Long Term Liabilities: W1DA34's short term assets ($9.9B) exceed its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: W1DA34 has more cash than its total debt.
Reducing Debt: W1DA34's debt to equity ratio has reduced from 61.5% to 36.9% over the past 5 years.
Debt Coverage: W1DA34's debt is well covered by operating cash flow (72.1%).
Interest Coverage: W1DA34 earns more interest than it pays, so coverage of interest payments is not a concern.