Shutterstock Balance Sheet Health
Financial Health criteria checks 4/6
Shutterstock has a total shareholder equity of $522.9M and total debt of $279.2M, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are $1.3B and $825.9M respectively. Shutterstock's EBIT is $97.5M making its interest coverage ratio 42.3. It has cash and short-term investments of $131.4M.
Key information
53.4%
Debt to equity ratio
US$279.23m
Debt
| Interest coverage ratio | 42.3x |
| Cash | US$131.39m |
| Equity | US$522.92m |
| Total liabilities | US$825.93m |
| Total assets | US$1.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S3T's short term assets ($277.4M) do not cover its short term liabilities ($663.4M).
Long Term Liabilities: S3T's short term assets ($277.4M) exceed its long term liabilities ($162.6M).
Debt to Equity History and Analysis
Debt Level: S3T's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: S3T's debt to equity ratio has increased from 0% to 53.4% over the past 5 years.
Debt Coverage: S3T's debt is well covered by operating cash flow (21%).
Interest Coverage: S3T's interest payments on its debt are well covered by EBIT (42.3x coverage).