ServiceNow Balance Sheet Health
Financial Health criteria checks 6/6
ServiceNow has a total shareholder equity of $9.3B and total debt of $1.5B, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are $18.4B and $9.1B respectively. ServiceNow's EBIT is $1.3B making its interest coverage ratio -3.4. It has cash and short-term investments of $5.3B.
Key information
16.0%
Debt to equity ratio
US$1.49b
Debt
| Interest coverage ratio | -3.4x |
| Cash | US$5.30b |
| Equity | US$9.29b |
| Total liabilities | US$9.14b |
| Total assets | US$18.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4S0's short term assets ($7.7B) exceed its short term liabilities ($6.8B).
Long Term Liabilities: 4S0's short term assets ($7.7B) exceed its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: 4S0 has more cash than its total debt.
Reducing Debt: 4S0's debt to equity ratio has reduced from 48% to 16% over the past 5 years.
Debt Coverage: 4S0's debt is well covered by operating cash flow (284.6%).
Interest Coverage: 4S0 earns more interest than it pays, so coverage of interest payments is not a concern.