DXC Technology Balance Sheet Health
Financial Health criteria checks 2/6
DXC Technology has a total shareholder equity of $3.2B and total debt of $3.7B, which brings its debt-to-equity ratio to 113.9%. Its total assets and total liabilities are $13.5B and $10.3B respectively. DXC Technology's EBIT is $232.0M making its interest coverage ratio 2.9. It has cash and short-term investments of $1.2B.
Key information
113.9%
Debt to equity ratio
US$3.69b
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$1.25b |
| Equity | US$3.24b |
| Total liabilities | US$10.27b |
| Total assets | US$13.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2XT's short term assets ($5.0B) exceed its short term liabilities ($4.0B).
Long Term Liabilities: 2XT's short term assets ($5.0B) do not cover its long term liabilities ($6.3B).
Debt to Equity History and Analysis
Debt Level: 2XT's net debt to equity ratio (75.4%) is considered high.
Reducing Debt: 2XT's debt to equity ratio has increased from 89.9% to 113.9% over the past 5 years.
Debt Coverage: 2XT's debt is well covered by operating cash flow (38.5%).
Interest Coverage: 2XT's interest payments on its debt are not well covered by EBIT (2.9x coverage).