Shutterstock Balance Sheet Health
Financial Health criteria checks 4/6
Shutterstock has a total shareholder equity of $527.1M and total debt of $30.0M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are $1.0B and $508.9M respectively. Shutterstock's EBIT is $103.0M making its interest coverage ratio -35. It has cash and short-term investments of $100.5M.
Key information
5.7%
Debt to equity ratio
US$30.00m
Debt
Interest coverage ratio | -35x |
Cash | US$100.49m |
Equity | US$527.09m |
Total liabilities | US$508.92m |
Total assets | US$1.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S3T's short term assets ($292.6M) do not cover its short term liabilities ($452.4M).
Long Term Liabilities: S3T's short term assets ($292.6M) exceed its long term liabilities ($56.5M).
Debt to Equity History and Analysis
Debt Level: S3T has more cash than its total debt.
Reducing Debt: S3T's debt to equity ratio has increased from 0% to 5.7% over the past 5 years.
Debt Coverage: S3T's debt is well covered by operating cash flow (468.5%).
Interest Coverage: S3T earns more interest than it pays, so coverage of interest payments is not a concern.