Altice USA Balance Sheet Health
Financial Health criteria checks 0/6
Altice USA has a total shareholder equity of $-434.4M and total debt of $24.8B, which brings its debt-to-equity ratio to -5719.5%. Its total assets and total liabilities are $31.9B and $32.4B respectively. Altice USA's EBIT is $1.9B making its interest coverage ratio 1.2. It has cash and short-term investments of $302.1M.
Key information
-5,719.5%
Debt to equity ratio
US$24.85b
Debt
Interest coverage ratio | 1.2x |
Cash | US$302.06m |
Equity | -US$434.42m |
Total liabilities | US$32.36b |
Total assets | US$31.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 15PA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 15PA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 15PA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 15PA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 15PA's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 15PA's interest payments on its debt are not well covered by EBIT (1.2x coverage).