Nasdaq Balance Sheet Health
Financial Health criteria checks 1/6
Nasdaq has a total shareholder equity of $10.8B and total debt of $10.0B, which brings its debt-to-equity ratio to 92.3%. Its total assets and total liabilities are $30.3B and $19.4B respectively. Nasdaq's EBIT is $1.9B making its interest coverage ratio 7.7. It has cash and short-term investments of $401.0M.
Key information
92.3%
Debt to equity ratio
US$9.99b
Debt
Interest coverage ratio | 7.7x |
Cash | US$401.00m |
Equity | US$10.82b |
Total liabilities | US$19.45b |
Total assets | US$30.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAQ's short term assets ($7.3B) do not cover its short term liabilities ($7.4B).
Long Term Liabilities: NAQ's short term assets ($7.3B) do not cover its long term liabilities ($12.1B).
Debt to Equity History and Analysis
Debt Level: NAQ's net debt to equity ratio (88.6%) is considered high.
Reducing Debt: NAQ's debt to equity ratio has increased from 64.9% to 92.3% over the past 5 years.
Debt Coverage: NAQ's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: NAQ's interest payments on its debt are well covered by EBIT (7.7x coverage).