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.
Debt to equity ratio
|Interest coverage ratio||3.5x|
Recent financial health 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).