Western Digital Balance Sheet Health
Financial Health criteria checks 4/6
Western Digital has a total shareholder equity of $11.9B and total debt of $7.4B, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are $24.8B and $12.9B respectively. Western Digital's EBIT is $1.6B making its interest coverage ratio 4.2. It has cash and short-term investments of $1.7B.
Key information
62.3%
Debt to equity ratio
US$7.40b
Debt
| Interest coverage ratio | 4.2x |
| Cash | US$1.71b |
| Equity | US$11.87b |
| Total liabilities | US$12.90b |
| Total assets | US$24.77b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: W1DC34's short term assets ($8.9B) exceed its short term liabilities ($6.1B).
Long Term Liabilities: W1DC34's short term assets ($8.9B) exceed its long term liabilities ($6.8B).
Debt to Equity History and Analysis
Debt Level: W1DC34's net debt to equity ratio (48%) is considered high.
Reducing Debt: W1DC34's debt to equity ratio has reduced from 109.2% to 62.3% over the past 5 years.
Debt Coverage: W1DC34's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: W1DC34's interest payments on its debt are well covered by EBIT (4.2x coverage).