ServiceNow Balance Sheet Health
Financial Health criteria checks 6/6
ServiceNow has a total shareholder equity of $8.7B and total debt of $1.5B, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are $18.2B and $9.5B respectively. ServiceNow's EBIT is $1.1B making its interest coverage ratio -3.1. It has cash and short-term investments of $5.4B.
Key information
17.2%
Debt to equity ratio
US$1.49b
Debt
Interest coverage ratio | -3.1x |
Cash | US$5.41b |
Equity | US$8.67b |
Total liabilities | US$9.54b |
Total assets | US$18.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4S0's short term assets ($8.0B) exceed its short term liabilities ($7.2B).
Long Term Liabilities: 4S0's short term assets ($8.0B) 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 53.8% to 17.2% over the past 5 years.
Debt Coverage: 4S0's debt is well covered by operating cash flow (260.6%).
Interest Coverage: 4S0 earns more interest than it pays, so coverage of interest payments is not a concern.