Box Balance Sheet Health
Financial Health criteria checks 5/6
Box has a total shareholder equity of $61.0M and total debt of $370.8M, which brings its debt-to-equity ratio to 607.6%. Its total assets and total liabilities are $1.2B and $1.2B respectively. Box's EBIT is $50.8M making its interest coverage ratio -3.4. It has cash and short-term investments of $480.7M.
Key information
607.6%
Debt to equity ratio
US$370.82m
Debt
Interest coverage ratio | -3.4x |
Cash | US$480.69m |
Equity | US$61.03m |
Total liabilities | US$1.18b |
Total assets | US$1.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HP1's short term assets ($842.2M) exceed its short term liabilities ($679.3M).
Long Term Liabilities: 0HP1's short term assets ($842.2M) exceed its long term liabilities ($500.9M).
Debt to Equity History and Analysis
Debt Level: 0HP1 has more cash than its total debt.
Reducing Debt: 0HP1's debt to equity ratio has increased from 127.4% to 607.6% over the past 5 years.
Debt Coverage: 0HP1's debt is well covered by operating cash flow (86%).
Interest Coverage: 0HP1 earns more interest than it pays, so coverage of interest payments is not a concern.