VeriSign Balance Sheet Health
Financial Health criteria checks 2/6
VeriSign has a total shareholder equity of $-1.6B and total debt of $1.8B, which brings its debt-to-equity ratio to -109.5%. Its total assets and total liabilities are $1.7B and $3.4B respectively. VeriSign's EBIT is $1.0B making its interest coverage ratio 36.5. It has cash and short-term investments of $924.7M.
Key information
-109.5%
Debt to equity ratio
US$1.79b
Debt
Interest coverage ratio | 36.5x |
Cash | US$924.70m |
Equity | -US$1.64b |
Total liabilities | US$3.36b |
Total assets | US$1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: VRS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: VRS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: VRS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: VRS's debt is well covered by operating cash flow (47.6%).
Interest Coverage: VRS's interest payments on its debt are well covered by EBIT (36.5x coverage).