Sirius XM Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Sirius XM Holdings has a total shareholder equity of $-2.6B and total debt of $9.2B, which brings its debt-to-equity ratio to -357.9%. Its total assets and total liabilities are $10.4B and $12.9B respectively. Sirius XM Holdings's EBIT is $2.0B making its interest coverage ratio 4.8. It has cash and short-term investments of $216.0M.
Key information
-357.9%
Debt to equity ratio
US$9.18b
Debt
Interest coverage ratio | 4.8x |
Cash | US$216.00m |
Equity | -US$2.56b |
Total liabilities | US$12.94b |
Total assets | US$10.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RDO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RDO 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: RDO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RDO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: RDO's debt is well covered by operating cash flow (20.2%).
Interest Coverage: RDO's interest payments on its debt are well covered by EBIT (4.8x coverage).