S&P Global Balance Sheet Health
Financial Health criteria checks 4/6
S&P Global has a total shareholder equity of $38.4B and total debt of $11.4B, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are $60.4B and $22.0B respectively. S&P Global's EBIT is $5.5B making its interest coverage ratio 18.3. It has cash and short-term investments of $1.7B.
Key information
29.7%
Debt to equity ratio
US$11.40b
Debt
| Interest coverage ratio | 18.3x |
| Cash | US$1.70b |
| Equity | US$38.39b |
| Total liabilities | US$21.98b |
| Total assets | US$60.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHL's short term assets ($5.2B) do not cover its short term liabilities ($5.5B).
Long Term Liabilities: MHL's short term assets ($5.2B) do not cover its long term liabilities ($16.5B).
Debt to Equity History and Analysis
Debt Level: MHL's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: MHL's debt to equity ratio has reduced from 151% to 29.7% over the past 5 years.
Debt Coverage: MHL's debt is well covered by operating cash flow (46.3%).
Interest Coverage: MHL's interest payments on its debt are well covered by EBIT (18.3x coverage).