AppLovin Balance Sheet Health
Financial Health criteria checks 3/6
AppLovin has a total shareholder equity of $1.3B and total debt of $3.1B, which brings its debt-to-equity ratio to 248.4%. Its total assets and total liabilities are $5.4B and $4.1B respectively. AppLovin's EBIT is $649.3M making its interest coverage ratio 2.4. It has cash and short-term investments of $502.2M.
Key information
248.4%
Debt to equity ratio
US$3.12b
Debt
Interest coverage ratio | 2.4x |
Cash | US$502.15m |
Equity | US$1.26b |
Total liabilities | US$4.10b |
Total assets | US$5.36b |
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 ($944.1M).
Long Term Liabilities: 6RV's short term assets ($1.6B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: 6RV's net debt to equity ratio (208.4%) 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 (34%).
Interest Coverage: 6RV's interest payments on its debt are not well covered by EBIT (2.4x coverage).