Globant Balance Sheet Health
Financial Health criteria checks 6/6
Globant has a total shareholder equity of $1.7B and total debt of $348.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are $2.2B and $568.7M respectively. Globant's EBIT is $215.2M making its interest coverage ratio 18.4. It has cash and short-term investments of $270.8M.
Key information
0.02%
Debt to equity ratio
US$348.00k
Debt
| Interest coverage ratio | 18.4x |
| Cash | US$270.77m |
| Equity | US$1.68b |
| Total liabilities | US$568.68m |
| Total assets | US$2.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLOB N's short term assets ($844.9M) exceed its short term liabilities ($394.9M).
Long Term Liabilities: GLOB N's short term assets ($844.9M) exceed its long term liabilities ($173.7M).
Debt to Equity History and Analysis
Debt Level: GLOB N has more cash than its total debt.
Reducing Debt: GLOB N's debt to equity ratio has reduced from 2% to 0.02% over the past 5 years.
Debt Coverage: GLOB N's debt is well covered by operating cash flow (72992.5%).
Interest Coverage: GLOB N's interest payments on its debt are well covered by EBIT (18.4x coverage).