Meta Platforms Balance Sheet Health
Financial Health criteria checks 5/6
Meta Platforms has a total shareholder equity of $149.5B and total debt of $18.4B, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are $222.8B and $73.3B respectively. Meta Platforms's EBIT is $57.4B making its interest coverage ratio -37.9. It has cash and short-term investments of $58.1B.
Key information
12.3%
Debt to equity ratio
US$18.39b
Debt
Interest coverage ratio | -37.9x |
Cash | US$58.12b |
Equity | US$149.53b |
Total liabilities | US$73.32b |
Total assets | US$222.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 014917609's short term assets ($75.3B) exceed its short term liabilities ($28.1B).
Long Term Liabilities: 014917609's short term assets ($75.3B) exceed its long term liabilities ($45.2B).
Debt to Equity History and Analysis
Debt Level: 014917609 has more cash than its total debt.
Reducing Debt: 014917609's debt to equity ratio has increased from 0% to 12.3% over the past 5 years.
Debt Coverage: 014917609's debt is well covered by operating cash flow (415.3%).
Interest Coverage: 014917609 earns more interest than it pays, so coverage of interest payments is not a concern.