AppLovin Balance Sheet Health
Financial Health criteria checks 4/6
AppLovin has a total shareholder equity of $938.2M and total debt of $3.5B, which brings its debt-to-equity ratio to 374.1%. Its total assets and total liabilities are $5.4B and $4.5B respectively. AppLovin's EBIT is $1.5B making its interest coverage ratio 5.3. It has cash and short-term investments of $567.6M.
Key information
374.1%
Debt to equity ratio
US$3.51b
Debt
| Interest coverage ratio | 5.3x |
| Cash | US$567.60m |
| Equity | US$938.21m |
| Total liabilities | US$4.50b |
| Total assets | US$5.44b |
Recent financial health updates
No updates
Recent updates
AppLovin: Overbought And Overvalued
Nov 18AppLovin Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Nov 10
AppLovin Positioned To Become King Of AI-Powered Advertising Platforms
Nov 08AppLovin Corporation's (NASDAQ:APP) 26% Share Price Surge Not Quite Adding Up
Oct 22AppLovin Stock Has Gone Too Far Too Fast
Oct 17AppLovin: A Premium Too High To Ignore
Oct 08Here's Why AppLovin (NASDAQ:APP) Has Caught The Eye Of Investors
Oct 03AppLovin's Profitability And Free Cash Flow: A Recipe For Stock Success
Sep 25AppLovin: +100% Gains This Year, But No Signs Yet Of This Train Slowing Down
Sep 09Revenues Not Telling The Story For AppLovin Corporation (NASDAQ:APP) After Shares Rise 35%
Sep 01Is It Time To Consider Buying AppLovin Corporation (NASDAQ:APP)?
Aug 11AppLovin: Strong Q2 Earnings Cement Bullish Case
Aug 09AppLovin: One Of The Best Stocks To Buy Now, I'm Ready For Loving
Aug 02AppLovin: Growth Has Just Begun, The Stock Is Worth Buying
Jul 03AppLovin: Fast Growing And Undervalued
Jun 26AppLovin: Severely Undervalued AI Company
May 24AppLovin Q1: Primed For Market Share Expansion
May 15AppLovin Q1 Earnings: Robust Ad Spending Boosts Outlook
May 09AppLovin: Reinforcing My Assumptions About A Bullish Business Potential
Apr 22AppLovin'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 10Financial Position Analysis
Short Term Liabilities: APP's short term assets ($1.9B) exceed its short term liabilities ($779.5M).
Long Term Liabilities: APP's short term assets ($1.9B) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: APP's net debt to equity ratio (313.6%) 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 (49.6%).
Interest Coverage: APP's interest payments on its debt are well covered by EBIT (5.3x coverage).