Meta Platforms Balance Sheet Health
Financial Health criteria checks 5/6
Meta Platforms has a total shareholder equity of $156.8B and total debt of $18.4B, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are $230.2B and $73.5B respectively. Meta Platforms's EBIT is $61.7B making its interest coverage ratio -35.9. It has cash and short-term investments of $58.1B.
Key information
11.7%
Debt to equity ratio
US$18.39b
Debt
| Interest coverage ratio | -35.9x |
| Cash | US$58.08b |
| Equity | US$156.76b |
| Total liabilities | US$73.48b |
| Total assets | US$230.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: META's short term assets ($76.4B) exceed its short term liabilities ($27.0B).
Long Term Liabilities: META's short term assets ($76.4B) exceed its long term liabilities ($46.5B).
Debt to Equity History and Analysis
Debt Level: META has more cash than its total debt.
Reducing Debt: META's debt to equity ratio has increased from 0% to 11.7% over the past 5 years.
Debt Coverage: META's debt is well covered by operating cash flow (426.5%).
Interest Coverage: META earns more interest than it pays, so coverage of interest payments is not a concern.