GLOBALFOUNDRIES Balance Sheet Health
Financial Health criteria checks 5/6
GLOBALFOUNDRIES has a total shareholder equity of $11.3B and total debt of $2.3B, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are $18.5B and $7.2B respectively. GLOBALFOUNDRIES's EBIT is $1.1B making its interest coverage ratio -35.1. It has cash and short-term investments of $3.4B.
Key information
20.4%
Debt to equity ratio
US$2.31b
Debt
Interest coverage ratio | -35.1x |
Cash | US$3.36b |
Equity | US$11.30b |
Total liabilities | US$7.16b |
Total assets | US$18.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 76J's short term assets ($6.2B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: 76J's short term assets ($6.2B) exceed its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: 76J has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 76J's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 76J's debt is well covered by operating cash flow (92.5%).
Interest Coverage: 76J earns more interest than it pays, so coverage of interest payments is not a concern.