AppLovin Balance Sheet Health
Financial Health criteria checks 3/6
AppLovin has a total shareholder equity of $1.3B and total debt of $3.1B, which brings its debt-to-equity ratio to 248.4%. Its total assets and total liabilities are $5.4B and $4.1B respectively. AppLovin's EBIT is $649.3M making its interest coverage ratio 2.4. It has cash and short-term investments of $502.2M.
Key information
248.4%
Debt to equity ratio
US$3.12b
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$502.15m |
| Equity | US$1.26b |
| Total liabilities | US$4.10b |
| Total assets | US$5.36b |
Recent financial health updates
No updates
Recent updates
AppLovin's AI Tailwinds Are Still Not Getting The Love They Should
Apr 08AppLovin: Can Once Jilted Investors Now Find Happiness With A Recently Inflected Business?
Mar 07AppLovin: Software Segment Is Fueling Its Future
Feb 26AppLovin: Lovin The Q4 Report And Guidance
Feb 17The Trade Desk Vs. AppLovin: Why One Is A Much Better Stock
Jan 20AppLovin: New AI Ad Engine Set To Power Results
Jan 10AppLovin rises as it announces first NFT marketplace for mobile gaming
Oct 04AppLovin withdraws bid to acquire Unity Software
Sep 12Applovin GAAP EPS of -$0.06, revenue of $776.23M
Aug 10AppLovin (NASDAQ:APP) Is Reinvesting At Lower Rates Of Return
Aug 09
Unity/ironSource Merger Could Be Bad News For AppLovin
Jul 25AppLovin announces lay off of workers amid uncertain economic conditions
Jun 30AppLovin Looks Undervalued Given 2022 Approach
May 20AppLovin Corporation: A GARP You Should Pay Attention To
May 13Capital Allocation Trends At AppLovin (NASDAQ:APP) Aren't Ideal
May 02Are Investors Undervaluing AppLovin Corporation (NASDAQ:APP) By 49%?
Apr 05AppLovin: Time For Some Loving
Mar 11Financial Position Analysis
Short Term Liabilities: APP's short term assets ($1.6B) exceed its short term liabilities ($944.1M).
Long Term Liabilities: APP's short term assets ($1.6B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: APP's net debt to equity ratio (208.4%) is considered high.
Reducing Debt: APP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: APP's debt is well covered by operating cash flow (34%).
Interest Coverage: APP's interest payments on its debt are not well covered by EBIT (2.4x coverage).