NXP Semiconductors Balance Sheet Health
Financial Health criteria checks 3/6
NXP Semiconductors has a total shareholder equity of $9.7B and total debt of $10.2B, which brings its debt-to-equity ratio to 104.5%. Its total assets and total liabilities are $23.7B and $13.9B respectively. NXP Semiconductors's EBIT is $3.7B making its interest coverage ratio 16.3. It has cash and short-term investments of $3.1B.
Key information
104.5%
Debt to equity ratio
US$10.18b
Debt
| Interest coverage ratio | 16.3x |
| Cash | US$3.15b |
| Equity | US$9.74b |
| Total liabilities | US$13.93b |
| Total assets | US$23.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VNX's short term assets ($7.0B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: VNX's short term assets ($7.0B) do not cover its long term liabilities ($10.9B).
Debt to Equity History and Analysis
Debt Level: VNX's net debt to equity ratio (72.2%) is considered high.
Reducing Debt: VNX's debt to equity ratio has increased from 88.6% to 104.5% over the past 5 years.
Debt Coverage: VNX's debt is well covered by operating cash flow (34.6%).
Interest Coverage: VNX's interest payments on its debt are well covered by EBIT (16.3x coverage).