Trade Desk Balance Sheet Health
Financial Health criteria checks 6/6
Trade Desk has a total shareholder equity of $2.2B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.9B and $2.7B respectively. Trade Desk's EBIT is $200.5M making its interest coverage ratio -2.9. It has cash and short-term investments of $1.4B.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -2.9x |
Cash | US$1.38b |
Equity | US$2.16b |
Total liabilities | US$2.72b |
Total assets | US$4.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TT8's short term assets ($4.3B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: TT8's short term assets ($4.3B) exceed its long term liabilities ($213.6M).
Debt to Equity History and Analysis
Debt Level: TT8 is debt free.
Reducing Debt: TT8 had no debt 5 years ago.
Debt Coverage: TT8 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TT8 has no debt, therefore coverage of interest payments is not a concern.