VeriSign Balance Sheet Health
Financial Health criteria checks 2/6
VeriSign has a total shareholder equity of $-1.6B and total debt of $1.8B, which brings its debt-to-equity ratio to -109.6%. Its total assets and total liabilities are $1.7B and $3.3B respectively. VeriSign's EBIT is $989.8M making its interest coverage ratio 30. It has cash and short-term investments of $943.5M.
Key information
-109.6%
Debt to equity ratio
US$1.79b
Debt
Interest coverage ratio | 30x |
Cash | US$943.50m |
Equity | -US$1.63b |
Total liabilities | US$3.33b |
Total assets | US$1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: VRS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: VRS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: VRS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: VRS's debt is well covered by operating cash flow (48.4%).
Interest Coverage: VRS's interest payments on its debt are well covered by EBIT (30x coverage).