GlobalFoundries Balance Sheet Health
Financial Health criteria checks 5/6
GlobalFoundries has a total shareholder equity of $11.6B and total debt of $2.3B, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are $18.1B and $6.5B respectively. GlobalFoundries's EBIT is $826.0M making its interest coverage ratio -14.2. It has cash and short-term investments of $3.5B.
Key information
20.0%
Debt to equity ratio
US$2.31b
Debt
| Interest coverage ratio | -14.2x |
| Cash | US$3.47b |
| Equity | US$11.58b |
| Total liabilities | US$6.52b |
| Total assets | US$18.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 76J's short term assets ($6.6B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: 76J's short term assets ($6.6B) exceed its long term liabilities ($3.8B).
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 (84.3%).
Interest Coverage: 76J earns more interest than it pays, so coverage of interest payments is not a concern.