Palo Alto Networks Balance Sheet Health
Financial Health criteria checks 4/6
Palo Alto Networks has a total shareholder equity of $5.2B and total debt of $963.9M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are $20.0B and $14.8B respectively. Palo Alto Networks's EBIT is $888.3M making its interest coverage ratio -2.9. It has cash and short-term investments of $2.6B.
Key information
18.6%
Debt to equity ratio
US$963.90m
Debt
| Interest coverage ratio | -2.9x |
| Cash | US$2.58b |
| Equity | US$5.17b |
| Total liabilities | US$14.82b |
| Total assets | US$19.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5AP0's short term assets ($6.8B) do not cover its short term liabilities ($7.7B).
Long Term Liabilities: 5AP0's short term assets ($6.8B) do not cover its long term liabilities ($7.1B).
Debt to Equity History and Analysis
Debt Level: 5AP0 has more cash than its total debt.
Reducing Debt: 5AP0's debt to equity ratio has reduced from 90.1% to 18.6% over the past 5 years.
Debt Coverage: 5AP0's debt is well covered by operating cash flow (338%).
Interest Coverage: 5AP0 earns more interest than it pays, so coverage of interest payments is not a concern.