Global Payments Balance Sheet Health
Financial Health criteria checks 2/6
Global Payments has a total shareholder equity of $23.2B and total debt of $18.2B, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are $50.8B and $27.6B respectively. Global Payments's EBIT is $2.4B making its interest coverage ratio 4.7. It has cash and short-term investments of $2.1B.
Key information
78.4%
Debt to equity ratio
US$18.17b
Debt
| Interest coverage ratio | 4.7x |
| Cash | US$2.10b |
| Equity | US$23.16b |
| Total liabilities | US$27.59b |
| Total assets | US$50.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IW7's short term assets ($8.6B) do not cover its short term liabilities ($9.3B).
Long Term Liabilities: 0IW7's short term assets ($8.6B) do not cover its long term liabilities ($18.3B).
Debt to Equity History and Analysis
Debt Level: 0IW7's net debt to equity ratio (69.4%) is considered high.
Reducing Debt: 0IW7's debt to equity ratio has reduced from 142.6% to 78.4% over the past 5 years.
Debt Coverage: 0IW7's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: 0IW7's interest payments on its debt are well covered by EBIT (4.7x coverage).