ServiceNow Balance Sheet Health
Financial Health criteria checks 6/6
ServiceNow has a total shareholder equity of $8.1B and total debt of $1.5B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are $17.5B and $9.4B respectively. ServiceNow's EBIT is $950.0M making its interest coverage ratio -3. It has cash and short-term investments of $5.1B.
Key information
18.4%
Debt to equity ratio
US$1.49b
Debt
Interest coverage ratio | -3x |
Cash | US$5.11b |
Equity | US$8.11b |
Total liabilities | US$9.44b |
Total assets | US$17.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4S0's short term assets ($7.4B) exceed its short term liabilities ($7.0B).
Long Term Liabilities: 4S0's short term assets ($7.4B) 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 56.1% to 18.4% over the past 5 years.
Debt Coverage: 4S0's debt is well covered by operating cash flow (257.9%).
Interest Coverage: 4S0 earns more interest than it pays, so coverage of interest payments is not a concern.