AppLovin Balance Sheet Health
Financial Health criteria checks 4/6
AppLovin has a total shareholder equity of $938.2M and total debt of $3.5B, which brings its debt-to-equity ratio to 374.1%. Its total assets and total liabilities are $5.4B and $4.5B respectively. AppLovin's EBIT is $1.5B making its interest coverage ratio 5.3. It has cash and short-term investments of $567.6M.
Key information
374.1%
Debt to equity ratio
US$3.51b
Debt
| Interest coverage ratio | 5.3x |
| Cash | US$567.60m |
| Equity | US$938.21m |
| Total liabilities | US$4.50b |
| Total assets | US$5.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APP *'s short term assets ($1.9B) exceed its short term liabilities ($779.5M).
Long Term Liabilities: APP *'s short term assets ($1.9B) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: APP *'s net debt to equity ratio (313.6%) is considered high.
Reducing Debt: APP * had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: APP *'s debt is well covered by operating cash flow (49.6%).
Interest Coverage: APP *'s interest payments on its debt are well covered by EBIT (5.3x coverage).