S&P Global Balance Sheet Health
Financial Health criteria checks 4/6
S&P Global has a total shareholder equity of $38.1B and total debt of $11.5B, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are $60.6B and $22.5B respectively. S&P Global's EBIT is $4.6B making its interest coverage ratio 13.9. It has cash and short-term investments of $1.3B.
Key information
30.1%
Debt to equity ratio
US$11.46b
Debt
| Interest coverage ratio | 13.9x |
| Cash | US$1.32b |
| Equity | US$38.10b |
| Total liabilities | US$22.49b |
| Total assets | US$60.59b |
Recent financial health updates
No updates
Recent updates
S&P Global: Guidance Raise Is Highly Likely Due To Strong Ratings Growth (Rating Upgrade)
Apr 11S&P Global: Everything Investors Didn't (And Shouldn't) Like In The Report
Feb 19S&P Global: Powering Global Markets At A Discount To Peers
Feb 07S&P Global: Triple Beat Incoming
Jan 18S&P Global: One Of The Most Impressive Financial Stocks On The Market
Dec 18S&P Global: Very Strong Q3 2023 That Reinforces My Buy Rating
Nov 23S&P Global: My Favorite Stock In The Market Today
Nov 03S&P Global: Great Business, But Expensive Valuation
Oct 22S&P Global: Top-Notch, Wide-Moat, And Highly Profitable - It Might Never Be Cheap
Oct 05S&P Global Is A Gem, But A Too Expensive One
Sep 11S&P Global: Rebounding From Weak Ratings Business
Sep 04S&P Global: Take Advantage Of The Post-Earnings Selloff (Rating Downgrade)
Jul 29S&P Global: High Quality Has Its Price
Jul 17S&P Global: A Collection Of High-Quality Assets With Strong Moats And Long-Term Compounding Opportunities
Jun 28What To Make Of S&P Global's 1% Dividend Yield
Jun 08S&P Global: Reiterate Buy Rating On Outperformance
May 26S&P Global Q4 2022 Earnings Preview
Feb 08S&P Global boosts dividend to $0.90/share
Jan 25S&P Global to sell engineering solutions unit to KKR for $975M
Jan 17S&P Global: When Risk Is High, Invest In Companies With High Walls
Jan 09S&P Global: A Solid Long-Term Growth Play In The Financial Industry
Jan 03S&P Global: This Soon-To-Be-Crowned Dividend King Is A Buy
Nov 09S&P Global Q3 2022 Earnings Preview
Oct 26S&P Global declares $0.85 dividend
Sep 28S&P Global gets full ownership of Private Market Connect
Aug 29S&P Global Non-GAAP EPS of $2.81 misses by $0.12, revenue of $2.99B misses by $10M
Aug 02S&P Global: Defensive Business To Own During A Recession
Jun 15Financial Position Analysis
Short Term Liabilities: SPGI's short term assets ($5.1B) do not cover its short term liabilities ($6.1B).
Long Term Liabilities: SPGI's short term assets ($5.1B) do not cover its long term liabilities ($16.4B).
Debt to Equity History and Analysis
Debt Level: SPGI's net debt to equity ratio (26.6%) is considered satisfactory.
Reducing Debt: SPGI's debt to equity ratio has reduced from 158.9% to 30.1% over the past 5 years.
Debt Coverage: SPGI's debt is well covered by operating cash flow (32.4%).
Interest Coverage: SPGI's interest payments on its debt are well covered by EBIT (13.9x coverage).