Pure Storage Balance Sheet Health
Financial Health criteria checks 6/6
Pure Storage has a total shareholder equity of $1.3B and total debt of $100.0M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are $3.7B and $2.4B respectively. Pure Storage's EBIT is $87.2M making its interest coverage ratio -2. It has cash and short-term investments of $1.5B.
Key information
7.9%
Debt to equity ratio
US$100.00m
Debt
Interest coverage ratio | -2x |
Cash | US$1.53b |
Equity | US$1.27b |
Total liabilities | US$2.39b |
Total assets | US$3.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KSA's short term assets ($2.5B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: 0KSA's short term assets ($2.5B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: 0KSA has more cash than its total debt.
Reducing Debt: 0KSA's debt to equity ratio has reduced from 61.8% to 7.9% over the past 5 years.
Debt Coverage: 0KSA's debt is well covered by operating cash flow (677.7%).
Interest Coverage: 0KSA earns more interest than it pays, so coverage of interest payments is not a concern.