Workday Balance Sheet Health
Financial Health criteria checks 6/6
Workday has a total shareholder equity of $8.3B and total debt of $3.0B, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are $16.2B and $7.9B respectively. Workday's EBIT is $342.0M making its interest coverage ratio -1.5. It has cash and short-term investments of $7.4B.
Key information
35.7%
Debt to equity ratio
US$2.98b
Debt
| Interest coverage ratio | -1.5x |
| Cash | US$7.37b |
| Equity | US$8.35b |
| Total liabilities | US$7.89b |
| Total assets | US$16.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M18's short term assets ($9.2B) exceed its short term liabilities ($4.5B).
Long Term Liabilities: 0M18's short term assets ($9.2B) exceed its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: 0M18 has more cash than its total debt.
Reducing Debt: 0M18's debt to equity ratio has reduced from 55.8% to 35.7% over the past 5 years.
Debt Coverage: 0M18's debt is well covered by operating cash flow (80.1%).
Interest Coverage: 0M18 earns more interest than it pays, so coverage of interest payments is not a concern.