GoDaddy Financial Health
Financial Health criteria checks 2/6
GoDaddy has a total shareholder equity of $-329.3M and total debt of $3.8B, which brings its debt-to-equity ratio to -1164.3%. Its total assets and total liabilities are $7.0B and $7.3B respectively. GoDaddy's EBIT is $514.5M making its interest coverage ratio 3.5. It has cash and short-term investments of $947.0M.
Key information
-1,164.3%
Debt to equity ratio
US$3.83b
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$947.00m |
| Equity | -US$329.30m |
| Total liabilities | US$7.30b |
| Total assets | US$6.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDDY * has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GDDY * has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GDDY * has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GDDY *'s has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GDDY *'s debt is well covered by operating cash flow (25.6%).
Interest Coverage: GDDY *'s interest payments on its debt are well covered by EBIT (3.5x coverage).