NICE Balance Sheet Health
Financial Health criteria checks 6/6
NICE has a total shareholder equity of $3.6B and total debt of $458.4M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are $5.2B and $1.6B respectively. NICE's EBIT is $512.3M making its interest coverage ratio -11.5. It has cash and short-term investments of $1.5B.
Key information
12.8%
Debt to equity ratio
US$458.36m
Debt
| Interest coverage ratio | -11.5x |
| Cash | US$1.53b |
| Equity | US$3.58b |
| Total liabilities | US$1.61b |
| Total assets | US$5.19b |
Recent financial health updates
We Think NICE (TLV:NICE) Can Manage Its Debt With Ease
Aug 17
NICE (TLV:NICE) Has A Rock Solid Balance Sheet
May 04Recent updates
NICE Ltd. (TLV:NICE) Shares Could Be 49% Below Their Intrinsic Value Estimate
Dec 19We Like These Underlying Return On Capital Trends At NICE (TLV:NICE)
Nov 06NICE Ltd.'s (TLV:NICE) Earnings Haven't Escaped The Attention Of Investors
Oct 19Solid Earnings Reflect NICE's (TLV:NICE) Strength As A Business
Aug 23NICE Ltd. (TLV:NICE) Just Reported Second-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Aug 18We Think NICE (TLV:NICE) Can Manage Its Debt With Ease
Aug 17NICE (TLV:NICE) Is Doing The Right Things To Multiply Its Share Price
Jul 30An Intrinsic Calculation For NICE Ltd. (TLV:NICE) Suggests It's 43% Undervalued
Jul 12NICE Ltd.'s (TLV:NICE) Stock Retreats 26% But Earnings Haven't Escaped The Attention Of Investors
Jun 06NICE (TLV:NICE) Has A Rock Solid Balance Sheet
May 04Why We're Not Concerned About NICE Ltd.'s (TLV:NICE) Share Price
Apr 16NICE Ltd.'s (TLV:NICE) Intrinsic Value Is Potentially 27% Above Its Share Price
Feb 14Returns At NICE (TLV:NICE) Are On The Way Up
Jan 27NICE Ltd.'s (TLV:NICE) Popularity With Investors Is Under Threat From Overpricing
Dec 24Financial Position Analysis
Short Term Liabilities: NICE's short term assets ($2.4B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: NICE's short term assets ($2.4B) exceed its long term liabilities ($183.6M).
Debt to Equity History and Analysis
Debt Level: NICE has more cash than its total debt.
Reducing Debt: NICE's debt to equity ratio has reduced from 21.2% to 12.8% over the past 5 years.
Debt Coverage: NICE's debt is well covered by operating cash flow (166.6%).
Interest Coverage: NICE earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 08:29 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NICE Ltd. is covered by 39 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Cummins | Banc of America Securities |
| Danny Kaplan | Barclays |
| Tavy Rosner | Barclays |