Global Payments Balance Sheet Health
Financial Health criteria checks 2/6
Global Payments has a total shareholder equity of $23.0B and total debt of $18.2B, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are $51.8B and $28.8B respectively. Global Payments's EBIT is $2.3B making its interest coverage ratio 4.3. It has cash and short-term investments of $2.2B.
Key information
79.4%
Debt to equity ratio
US$18.24b
Debt
Interest coverage ratio | 4.3x |
Cash | US$2.17b |
Equity | US$22.99b |
Total liabilities | US$28.79b |
Total assets | US$51.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GPN *'s short term assets ($9.7B) do not cover its short term liabilities ($10.5B).
Long Term Liabilities: GPN *'s short term assets ($9.7B) do not cover its long term liabilities ($18.3B).
Debt to Equity History and Analysis
Debt Level: GPN *'s net debt to equity ratio (69.9%) is considered high.
Reducing Debt: GPN *'s debt to equity ratio has reduced from 144.2% to 79.4% over the past 5 years.
Debt Coverage: GPN *'s debt is not well covered by operating cash flow (11.3%).
Interest Coverage: GPN *'s interest payments on its debt are well covered by EBIT (4.3x coverage).