Coinbase Global Balance Sheet Health
Financial Health criteria checks 5/6
Coinbase Global has a total shareholder equity of $8.7B and total debt of $4.5B, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are $290.6B and $281.8B respectively. Coinbase Global's EBIT is $1.4B making its interest coverage ratio -8.2. It has cash and short-term investments of $7.7B.
Key information
51.5%
Debt to equity ratio
US$4.50b
Debt
| Interest coverage ratio | -8.2x |
| Cash | US$7.72b |
| Equity | US$8.73b |
| Total liabilities | US$281.83b |
| Total assets | US$290.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1QZ's short term assets ($286.4B) exceed its short term liabilities ($277.6B).
Long Term Liabilities: 1QZ's short term assets ($286.4B) exceed its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: 1QZ has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 1QZ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1QZ's debt is well covered by operating cash flow (35.3%).
Interest Coverage: 1QZ earns more interest than it pays, so coverage of interest payments is not a concern.