Amdocs Balance Sheet Health
Financial Health criteria checks 5/6
Amdocs has a total shareholder equity of $3.5B and total debt of $646.1M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are $6.4B and $2.8B respectively. Amdocs's EBIT is $749.1M making its interest coverage ratio 20.3. It has cash and short-term investments of $502.2M.
Key information
18.2%
Debt to equity ratio
US$646.14m
Debt
| Interest coverage ratio | 20.3x |
| Cash | US$502.17m |
| Equity | US$3.55b |
| Total liabilities | US$2.85b |
| Total assets | US$6.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DOX N's short term assets ($1.8B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: DOX N's short term assets ($1.8B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: DOX N's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: DOX N's debt to equity ratio has increased from 0% to 18.2% over the past 5 years.
Debt Coverage: DOX N's debt is well covered by operating cash flow (120.5%).
Interest Coverage: DOX N's interest payments on its debt are well covered by EBIT (20.3x coverage).