Akamai Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Akamai Technologies has a total shareholder equity of $4.8B and total debt of $3.5B, which brings its debt-to-equity ratio to 73.9%. Its total assets and total liabilities are $10.2B and $5.4B respectively. Akamai Technologies's EBIT is $662.6M making its interest coverage ratio -8.9. It has cash and short-term investments of $1.7B.
Key information
73.9%
Debt to equity ratio
US$3.54b
Debt
| Interest coverage ratio | -8.9x |
| Cash | US$1.70b |
| Equity | US$4.79b |
| Total liabilities | US$5.40b |
| Total assets | US$10.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AK3's short term assets ($2.6B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: AK3's short term assets ($2.6B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: AK3's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: AK3's debt to equity ratio has increased from 52.1% to 73.9% over the past 5 years.
Debt Coverage: AK3's debt is well covered by operating cash flow (44.1%).
Interest Coverage: AK3 earns more interest than it pays, so coverage of interest payments is not a concern.