Palo Alto Networks Balance Sheet Health
Financial Health criteria checks 5/6
Palo Alto Networks has a total shareholder equity of $4.4B and total debt of $1.8B, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are $18.3B and $13.9B respectively. Palo Alto Networks's EBIT is $777.8M making its interest coverage ratio -2.8. It has cash and short-term investments of $3.4B.
Key information
41.8%
Debt to equity ratio
US$1.82b
Debt
Interest coverage ratio | -2.8x |
Cash | US$3.37b |
Equity | US$4.36b |
Total liabilities | US$13.93b |
Total assets | US$18.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KF5's short term assets ($6.4B) do not cover its short term liabilities ($7.8B).
Long Term Liabilities: 0KF5's short term assets ($6.4B) exceed its long term liabilities ($6.2B).
Debt to Equity History and Analysis
Debt Level: 0KF5 has more cash than its total debt.
Reducing Debt: 0KF5's debt to equity ratio has reduced from 145.2% to 41.8% over the past 5 years.
Debt Coverage: 0KF5's debt is well covered by operating cash flow (168.1%).
Interest Coverage: 0KF5 earns more interest than it pays, so coverage of interest payments is not a concern.