Coinbase Global Balance Sheet Health
Financial Health criteria checks 4/6
Coinbase Global has a total shareholder equity of $8.1B and total debt of $4.5B, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are $348.0B and $340.0B respectively. Coinbase Global's EBIT is $405.0M making its interest coverage ratio -3.5. It has cash and short-term investments of $6.7B.
Key information
55.7%
Debt to equity ratio
US$4.50b
Debt
Interest coverage ratio | -3.5x |
Cash | US$6.71b |
Equity | US$8.07b |
Total liabilities | US$339.97b |
Total assets | US$348.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1QZ's short term assets ($343.8B) exceed its short term liabilities ($335.7B).
Long Term Liabilities: 1QZ's short term assets ($343.8B) 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 not well covered by operating cash flow (19.4%).
Interest Coverage: 1QZ earns more interest than it pays, so coverage of interest payments is not a concern.