Global Payments Balance Sheet Health
Financial Health criteria checks 2/6
Global Payments has a total shareholder equity of $23.0B and total debt of $18.2B, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are $51.8B and $28.8B respectively. Global Payments's EBIT is $2.3B making its interest coverage ratio 4.4. It has cash and short-term investments of $2.2B.
Key information
79.3%
Debt to equity ratio
US$18.22b
Debt
Interest coverage ratio | 4.4x |
Cash | US$2.17b |
Equity | US$22.99b |
Total liabilities | US$28.79b |
Total assets | US$51.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLO's short term assets ($9.7B) do not cover its short term liabilities ($10.5B).
Long Term Liabilities: GLO's short term assets ($9.7B) do not cover its long term liabilities ($18.3B).
Debt to Equity History and Analysis
Debt Level: GLO's net debt to equity ratio (69.8%) is considered high.
Reducing Debt: GLO's debt to equity ratio has reduced from 144.2% to 79.3% over the past 5 years.
Debt Coverage: GLO's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: GLO's interest payments on its debt are well covered by EBIT (4.4x coverage).