Global Payments Balance Sheet Health
Financial Health criteria checks 2/6
Global Payments has a total shareholder equity of $23.2B and total debt of $18.2B, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are $50.8B and $27.6B respectively. Global Payments's EBIT is $2.4B making its interest coverage ratio 4.7. It has cash and short-term investments of $2.1B.
Key information
78.4%
Debt to equity ratio
US$18.17b
Debt
| Interest coverage ratio | 4.7x |
| Cash | US$2.10b |
| Equity | US$23.16b |
| Total liabilities | US$27.59b |
| Total assets | US$50.75b |
Recent financial health updates
Is Global Payments (NYSE:GPN) A Risky Investment?
Feb 12
We Think Global Payments (NYSE:GPN) Can Stay On Top Of Its Debt
Oct 19Here's Why Global Payments (NYSE:GPN) Can Manage Its Debt Responsibly
Jul 16Recent updates
Global Payments: Lowered Expectations Provide A Favorable Risk/Reward
Oct 02Global Payments (NYSE:GPN) Will Pay A Dividend Of $0.25
Aug 10Global Payments Inc. (NYSE:GPN) Screens Well But There Might Be A Catch
Aug 09Global Payments: New Product Development, M&A, And Quite Cheap
Aug 09Global Payments Seems Better Than The Valuation Suggests
Jul 01Paying Attention To Global Payments: An Investment Opportunity That Checks Out
Apr 26Global Payments: Not For Me
Feb 02Risks To Shareholder Returns Are Elevated At These Prices For Global Payments Inc. (NYSE:GPN)
Dec 18Global Payments: A Stable Performer Amid Uncertain Macroeconomic Environment
Dec 12Global Payments: Get Your Wallet Out For This Undervalued Company
Dec 04Global Payments (NYSE:GPN) Is Due To Pay A Dividend Of $0.25
Nov 11Global Payments: Steady Growth Ahead Supported By Product Launch And Pricing Growth
Oct 13Global Payments: A Close Look At Its Revenue Growth Trends And Balance Sheet
Oct 04Global Payments: Good Company, Fairly Valued
Aug 18Global Payments: Locked Value Is Yet To Manifest
Jun 10Global Payments: At Least 30% Upside In The Long-Run
May 31Global Payments (NYSE:GPN) Has Affirmed Its Dividend Of $0.25
May 31Global Payments (NYSE:GPN) Will Pay A Dividend Of $0.25
May 04Global Payments: Unloved And Undervalued, B2B Shift And Modernizing Banking
Feb 24Global Payments ticks higher on activist speculation amid 13F filing
Feb 15Global Payments (NYSE:GPN) Has Announced A Dividend Of $0.25
Feb 14Is Global Payments (NYSE:GPN) A Risky Investment?
Feb 12Global Payments Q4 2022 Earnings Preview
Feb 09Global Payments Inc. (NYSE:GPN) Shares Could Be 47% Below Their Intrinsic Value Estimate
Jan 18Global Payments stock climbs after upgrade to Overweight at Morgan Stanley
Jan 17Our Top Growth Idea For 2023: Global Payments
Dec 23Global Payments Inc.: A First Look
Dec 12Global Payments' (NYSE:GPN) Dividend Will Be $0.25
Nov 17Global Payments (NYSE:GPN) Has Announced A Dividend Of $0.25
Nov 03Global Payments Q3 2022 Earnings Preview
Oct 28Global Payments: A Stable Income Behind Its GAAP Figures
Oct 20We Think Global Payments (NYSE:GPN) Can Stay On Top Of Its Debt
Oct 19Global Payments: 6% Revenue Boost From EVO Payments Acquisition
Aug 31Global Payments: Time To Pay Up
Aug 04Global Payments Q2 2022 Earnings Preview
Jul 29Here's Why Global Payments (NYSE:GPN) Can Manage Its Debt Responsibly
Jul 16Even If We Have A Recession, Global Payments Has A Good Risk/Reward Over The Medium Term
Jul 08Financial Position Analysis
Short Term Liabilities: GPN's short term assets ($8.6B) do not cover its short term liabilities ($9.3B).
Long Term Liabilities: GPN's short term assets ($8.6B) do not cover its long term liabilities ($18.3B).
Debt to Equity History and Analysis
Debt Level: GPN's net debt to equity ratio (69.4%) is considered high.
Reducing Debt: GPN's debt to equity ratio has reduced from 142.6% to 78.4% over the past 5 years.
Debt Coverage: GPN's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: GPN's interest payments on its debt are well covered by EBIT (4.7x coverage).