Activision Blizzard Balance Sheet Health
Financial Health criteria checks 6/6
Activision Blizzard has a total shareholder equity of $20.8B and total debt of $3.6B, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are $28.5B and $7.7B respectively. Activision Blizzard's EBIT is $2.2B making its interest coverage ratio -7.2. It has cash and short-term investments of $13.1B.
Key information
17.4%
Debt to equity ratio
US$3.61b
Debt
| Interest coverage ratio | -7.2x |
| Cash | US$13.15b |
| Equity | US$20.79b |
| Total liabilities | US$7.73b |
| Total assets | US$28.52b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIY's short term assets ($15.5B) exceed its short term liabilities ($3.3B).
Long Term Liabilities: AIY's short term assets ($15.5B) exceed its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: AIY has more cash than its total debt.
Reducing Debt: AIY's debt to equity ratio has reduced from 42.5% to 17.4% over the past 5 years.
Debt Coverage: AIY's debt is well covered by operating cash flow (70.5%).
Interest Coverage: AIY earns more interest than it pays, so coverage of interest payments is not a concern.