GlobalFoundries Balance Sheet Health
Financial Health criteria checks 5/6
GlobalFoundries has a total shareholder equity of $11.6B and total debt of $2.3B, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are $18.1B and $6.5B respectively. GlobalFoundries's EBIT is $826.0M making its interest coverage ratio -14.2. It has cash and short-term investments of $3.5B.
Key information
20.0%
Debt to equity ratio
US$2.31b
Debt
| Interest coverage ratio | -14.2x |
| Cash | US$3.47b |
| Equity | US$11.58b |
| Total liabilities | US$6.52b |
| Total assets | US$18.11b |
Recent financial health updates
Recent updates
Is GlobalFoundries Inc. (NASDAQ:GFS) Potentially Undervalued?
Dec 16
The Return Trends At GlobalFoundries (NASDAQ:GFS) Look Promising
Nov 28GlobalFoundries: A Good Value Buy
Oct 13An Intrinsic Calculation For GlobalFoundries Inc. (NASDAQ:GFS) Suggests It's 41% Undervalued
Sep 21After A Rough Period For Semiconductors, GlobalFoundries Looks Like A Good Rebound Candidate
Sep 10GlobalFoundries: Same Headwinds, Different Quarter - Hold Rating
Jun 21What Is GLOBALFOUNDRIES Inc.'s (NASDAQ:GFS) Share Price Doing?
Jun 07GLOBALFOUNDRIES Inc. (NASDAQ:GFS) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
May 03GLOBALFOUNDRIES (NASDAQ:GFS) Seems To Use Debt Quite Sensibly
Apr 22GLOBALFOUNDRIES (NASDAQ:GFS) Might Have The Makings Of A Multi-Bagger
Apr 01GLOBALFOUNDRIES - Mixed Outlook But Limited Downside, Initiating With A Hold
Mar 28GlobalFoundries: Still Uncertain About When The Industry Will Recover
Mar 04GLOBALFOUNDRIES Inc. (NASDAQ:GFS) Analysts Just Cut Their EPS Forecasts Substantially
Feb 18GLOBALFOUNDRIES Inc.'s (NASDAQ:GFS) P/E Still Appears To Be Reasonable
Feb 14GLOBALFOUNDRIES Inc. (NASDAQ:GFS) Shares Could Be 26% Above Their Intrinsic Value Estimate
Jan 23GlobalFoundries to scale GaN chips production at Vermont fab with $30M federal funding
Oct 17GlobalFoundries joins PHLX Semiconductor Sector Index
Sep 19Financial Position Analysis
Short Term Liabilities: GFS's short term assets ($6.6B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: GFS's short term assets ($6.6B) exceed its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: GFS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if GFS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GFS's debt is well covered by operating cash flow (84.3%).
Interest Coverage: GFS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 06:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GlobalFoundries Inc. is covered by 29 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tayla-Blair Botha | Arete Research Services LLP |
| Janco Venter | Arete Research Services LLP |
| Tristan Gerra | Baird |