NICE Balance Sheet Health
Financial Health criteria checks 6/6
NICE has a total shareholder equity of $3.5B and total debt of $457.9M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are $5.1B and $1.6B respectively. NICE's EBIT is $484.2M making its interest coverage ratio -12.3. It has cash and short-term investments of $1.5B.
Key information
13.2%
Debt to equity ratio
US$457.93m
Debt
| Interest coverage ratio | -12.3x |
| Cash | US$1.50b |
| Equity | US$3.47b |
| Total liabilities | US$1.58b |
| Total assets | US$5.05b |
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 04Is NICE (TLV:NICE) A Risky Investment?
Dec 06Is NICE (TLV:NICE) Using Too Much Debt?
Jul 29Is NICE (TLV:NICE) Using Too Much Debt?
Mar 29NICE (TLV:NICE) Could Easily Take On More Debt
Dec 28Recent updates
Solid 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 24Is NICE (TLV:NICE) A Risky Investment?
Dec 06There's Been No Shortage Of Growth Recently For NICE's (TLV:NICE) Returns On Capital
Oct 05Calculating The Intrinsic Value Of NICE Ltd. (TLV:NICE)
Sep 15Is NICE (TLV:NICE) Using Too Much Debt?
Jul 29We Like These Underlying Return On Capital Trends At NICE (TLV:NICE)
Jul 05Is NICE Ltd. (TLV:NICE) Worth ₪812 Based On Its Intrinsic Value?
Jun 17Is NICE (TLV:NICE) Using Too Much Debt?
Mar 29Returns On Capital Are Showing Encouraging Signs At NICE (TLV:NICE)
Mar 14Are NICE Ltd. (TLV:NICE) Investors Paying Above The Intrinsic Value?
Feb 27NICE (TLV:NICE) Could Easily Take On More Debt
Dec 28NICE (TLV:NICE) Is Looking To Continue Growing Its Returns On Capital
Dec 13A Look At The Fair Value Of NICE Ltd. (TLV:NICE)
Nov 28We Think NICE (TLV:NICE) Can Manage Its Debt With Ease
Sep 28There's Been No Shortage Of Growth Recently For NICE's (TLV:NICE) Returns On Capital
Sep 13A Look At The Fair Value Of NICE Ltd. (TLV:NICE)
Aug 10We Think NICE (TLV:NICE) Can Manage Its Debt With Ease
Jun 26NICE (TLV:NICE) Is Looking To Continue Growing Its Returns On Capital
Jun 10These 4 Measures Indicate That NICE (TLV:NICE) Is Using Debt Safely
Mar 25Financial Position Analysis
Short Term Liabilities: NICE's short term assets ($2.3B) exceed its short term liabilities ($938.4M).
Long Term Liabilities: NICE's short term assets ($2.3B) exceed its long term liabilities ($646.6M).
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 21.6% to 13.2% over the past 5 years.
Debt Coverage: NICE's debt is well covered by operating cash flow (158.4%).
Interest Coverage: NICE earns more interest than it pays, so coverage of interest payments is not a concern.