GLOBALFOUNDRIES Balance Sheet Health
Financial Health criteria checks 5/6
GLOBALFOUNDRIES has a total shareholder equity of $11.3B and total debt of $2.3B, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are $18.5B and $7.2B respectively. GLOBALFOUNDRIES's EBIT is $1.1B making its interest coverage ratio -35.1. It has cash and short-term investments of $3.4B.
Key information
20.4%
Debt to equity ratio
US$2.31b
Debt
| Interest coverage ratio | -35.1x |
| Cash | US$3.36b |
| Equity | US$11.30b |
| Total liabilities | US$7.16b |
| Total assets | US$18.45b |
Recent financial health updates
Recent updates
What Is GLOBALFOUNDRIES Inc.'s (NASDAQ:GFS) Share Price Doing?
Jun 07
GLOBALFOUNDRIES 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 23Returns On Capital Are Showing Encouraging Signs At GLOBALFOUNDRIES (NASDAQ:GFS)
Dec 12Why GLOBALFOUNDRIES Inc. (NASDAQ:GFS) Could Be Worth Watching
Oct 31Is There An Opportunity With GLOBALFOUNDRIES Inc.'s (NASDAQ:GFS) 33% Undervaluation?
Oct 10Returns On Capital Are Showing Encouraging Signs At GLOBALFOUNDRIES (NASDAQ:GFS)
Jul 28Investors Will Want GLOBALFOUNDRIES' (NASDAQ:GFS) Growth In ROCE To Persist
Apr 13Returns On Capital Are Showing Encouraging Signs At GLOBALFOUNDRIES (NASDAQ:GFS)
Dec 23GlobalFoundries to scale GaN chips production at Vermont fab with $30M federal funding
Oct 17GlobalFoundries joins PHLX Semiconductor Sector Index
Sep 19GlobalFoundries: A Much-Needed Foundry Expansion
Aug 22GLOBALFOUNDRIES Q2 2022 Earnings Preview
Aug 08STMicroelectronics and GlobalFoundries partner for new manufacturing facility in France
Jul 11Statutory Profit Doesn't Reflect How Good GLOBALFOUNDRIES' (NASDAQ:GFS) Earnings Are
May 18GlobalFoundries: Profiting From The Supply Crunch
May 04Financial Position Analysis
Short Term Liabilities: GFS's short term assets ($6.2B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: GFS's short term assets ($6.2B) exceed its long term liabilities ($4.3B).
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 (92.5%).
Interest Coverage: GFS earns more interest than it pays, so coverage of interest payments is not a concern.