Darktrace Balance Sheet Health
Financial Health criteria checks 6/6
Darktrace has a total shareholder equity of $302.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $776.3M and $473.8M respectively. Darktrace's EBIT is $80.4M making its interest coverage ratio -10.5. It has cash and short-term investments of $384.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -10.5x |
| Cash | US$384.61m |
| Equity | US$302.48m |
| Total liabilities | US$473.81m |
| Total assets | US$776.29m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DARK's short term assets ($553.3M) exceed its short term liabilities ($389.6M).
Long Term Liabilities: DARK's short term assets ($553.3M) exceed its long term liabilities ($84.2M).
Debt to Equity History and Analysis
Debt Level: DARK is debt free.
Reducing Debt: DARK has no debt compared to 5 years ago when its debt to equity ratio was 2.2%.
Debt Coverage: DARK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DARK has no debt, therefore coverage of interest payments is not a concern.