AppLovin Balance Sheet Health
Financial Health criteria checks 4/6
AppLovin has a total shareholder equity of $760.2M and total debt of $3.5B, which brings its debt-to-equity ratio to 463.8%. Its total assets and total liabilities are $5.3B and $4.5B respectively. AppLovin's EBIT is $927.6M making its interest coverage ratio 3.4. It has cash and short-term investments of $436.3M.
Key information
463.8%
Debt to equity ratio
US$3.53b
Debt
Interest coverage ratio | 3.4x |
Cash | US$436.34m |
Equity | US$760.20m |
Total liabilities | US$4.50b |
Total assets | US$5.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6RV's short term assets ($1.6B) exceed its short term liabilities ($762.5M).
Long Term Liabilities: 6RV's short term assets ($1.6B) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: 6RV's net debt to equity ratio (406.4%) is considered high.
Reducing Debt: 6RV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 6RV's debt is well covered by operating cash flow (33.1%).
Interest Coverage: 6RV's interest payments on its debt are well covered by EBIT (3.4x coverage).