Trade Desk Balance Sheet Health
Financial Health criteria checks 6/6
Trade Desk has a total shareholder equity of $2.4B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.2B and $2.8B respectively. Trade Desk's EBIT is $305.5M making its interest coverage ratio -4.3. It has cash and short-term investments of $1.5B.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -4.3x |
| Cash | US$1.51b |
| Equity | US$2.41b |
| Total liabilities | US$2.75b |
| Total assets | US$5.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LF5's short term assets ($4.5B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: 0LF5's short term assets ($4.5B) exceed its long term liabilities ($236.1M).
Debt to Equity History and Analysis
Debt Level: 0LF5 is debt free.
Reducing Debt: 0LF5 had no debt 5 years ago.
Debt Coverage: 0LF5 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0LF5 has no debt, therefore coverage of interest payments is not a concern.