Nasdaq Balance Sheet Health
Financial Health criteria checks 1/6
Nasdaq has a total shareholder equity of $11.1B and total debt of $9.9B, which brings its debt-to-equity ratio to 89%. Its total assets and total liabilities are $30.6B and $19.5B respectively. Nasdaq's EBIT is $1.9B making its interest coverage ratio 5.2. It has cash and short-term investments of $276.0M.
Key information
89.0%
Debt to equity ratio
US$9.86b
Debt
| Interest coverage ratio | 5.2x |
| Cash | US$276.00m |
| Equity | US$11.08b |
| Total liabilities | US$19.48b |
| Total assets | US$30.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAQ's short term assets ($7.6B) do not cover its short term liabilities ($7.9B).
Long Term Liabilities: NAQ's short term assets ($7.6B) do not cover its long term liabilities ($11.5B).
Debt to Equity History and Analysis
Debt Level: NAQ's net debt to equity ratio (86.5%) is considered high.
Reducing Debt: NAQ's debt to equity ratio has increased from 65.3% to 89% over the past 5 years.
Debt Coverage: NAQ's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: NAQ's interest payments on its debt are well covered by EBIT (5.2x coverage).