Coinbase Global Balance Sheet Health
Financial Health criteria checks 5/6
Coinbase Global has a total shareholder equity of $8.7B and total debt of $4.5B, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are $290.6B and $281.8B respectively. Coinbase Global's EBIT is $1.4B making its interest coverage ratio -8.2. It has cash and short-term investments of $7.7B.
Key information
51.5%
Debt to equity ratio
US$4.50b
Debt
| Interest coverage ratio | -8.2x |
| Cash | US$7.72b |
| Equity | US$8.73b |
| Total liabilities | US$281.83b |
| Total assets | US$290.56b |
Recent financial health updates
No updates
Recent updates
Coinbase Q3: Stablecoins, Layer 2, And Beyond
Nov 06Coinbase's Q3 Report Shows Continued Deterioration
Oct 31Coinbase's Institutional Growth Soars, But Risks Persist
Oct 16Coinbase: Base Fees Moving The Wrong Direction
Sep 24Coinbase Global: The Momentum Pattern Is Screaming Sell (Technical Analysis)
Aug 20Coinbase: Q1 Results Likely Cyclical, Election Poses Uncertainty
Jul 19Coinbase: Bitcoin Has Stalled. Now What?
Jun 24Coinbase: Squeezing The Lime With Coinbase Prime
Jun 17Coinbase: Strong Potential, But Valuation Is Too Hot
Jun 11Coinbase Outage Is Incredibly Bullish
May 15Coinbase's Stock Is A Steal At These Levels
Apr 23Coinbase: All About That Base
Apr 12Coinbase: Downside Overshadows Optimism
Apr 01Coinbase: How Big Is The Bitcoin ETF Opportunity?
Mar 20Analysts Are Betting On Coinbase Global, Inc. (NASDAQ:COIN) With A Big Upgrade This Week
Feb 23
Coinbase Q4: Regaining Positive Incomes, Unlocking New Possibilities
Feb 16Coinbase: Overvalued Into Earnings As Bitcoin Headlines Dip, Key Support Spotted
Feb 08Coinbase At The Crossroads: Analyzing The Impact Of Spot Bitcoin ETFs
Jan 13Industry Analysts Just Made A Notable Upgrade To Their Coinbase Global, Inc. (NASDAQ:COIN) Revenue Forecasts
May 18Coinbase Global, Inc. (NASDAQ:COIN) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 06Financial Position Analysis
Short Term Liabilities: COIN's short term assets ($286.4B) exceed its short term liabilities ($277.6B).
Long Term Liabilities: COIN's short term assets ($286.4B) exceed its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: COIN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if COIN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: COIN's debt is well covered by operating cash flow (35.3%).
Interest Coverage: COIN earns more interest than it pays, so coverage of interest payments is not a concern.