Verint Systems Balance Sheet Health
Financial Health criteria checks 6/6
Verint Systems has a total shareholder equity of $1.3B and total debt of $411.0M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are $2.2B and $957.4M respectively. Verint Systems's EBIT is $72.2M making its interest coverage ratio 21.3. It has cash and short-term investments of $242.1M.
Key information
32.4%
Debt to equity ratio
US$410.97m
Debt
Interest coverage ratio | 21.3x |
Cash | US$242.09m |
Equity | US$1.27b |
Total liabilities | US$957.44m |
Total assets | US$2.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VTY's short term assets ($573.2M) exceed its short term liabilities ($418.2M).
Long Term Liabilities: VTY's short term assets ($573.2M) exceed its long term liabilities ($539.3M).
Debt to Equity History and Analysis
Debt Level: VTY's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: VTY's debt to equity ratio has reduced from 62.4% to 32.4% over the past 5 years.
Debt Coverage: VTY's debt is well covered by operating cash flow (36.7%).
Interest Coverage: VTY's interest payments on its debt are well covered by EBIT (21.3x coverage).