This company has been acquired
Citrix Systems Balance Sheet Health
Financial Health criteria checks 2/6
Key information
403.8%
Debt to equity ratio
US$3.33b
Debt
| Interest coverage ratio | 5.4x |
| Cash | US$872.80m |
| Equity | US$824.36m |
| Total liabilities | US$6.19b |
| Total assets | US$7.01b |
Recent financial health updates
No updates
Recent updates
Citrix Systems planned sale to Elliott, Vista set to close next Friday
Sep 22Citrix ticks higher on report banks said to start Citrix loan sale for its takeover
Sep 07Citrix Systems ticks higher on report about debt financing for take private
Aug 1096% IRR From Citrix In Arb's Golden Age
Jun 17Citrix To Integrate With Microsoft Windows 365
May 18Merger Arbitrage Mondays: Citrix To Be Acquired By Vista And Elliott
Feb 07Citrix: Scoop Up This Stock While The Market Is Looking The Other Way
Dec 15Citrix Systems: Buy While It's Down
Sep 26Citrix Systems Has Dropped Enough, Time To Buy The Dip
Jul 08Citrix Q1 2021 Earnings Preview
Apr 28Citrix: Risks To Growth In 2021 - Moving To Neutral
Jan 05Citrix goes ex-dividend on Monday
Dec 04Financial Position Analysis
Short Term Liabilities: CTXS's short term assets ($1.9B) do not cover its short term liabilities ($2.3B).
Long Term Liabilities: CTXS's short term assets ($1.9B) do not cover its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: CTXS's net debt to equity ratio (297.9%) is considered high.
Reducing Debt: CTXS's debt to equity ratio has increased from 74.2% to 403.8% over the past 5 years.
Debt Coverage: CTXS's debt is well covered by operating cash flow (22.9%).
Interest Coverage: CTXS's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/01 19:26 |
| End of Day Share Price | 2022/09/30 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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 |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Citrix Systems, Inc. is covered by 62 analysts. 4 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 |
|---|---|
| Adam Shepherd | Arete Research Services LLP |
| Robert Oliver | Baird |
| Ishan Majumdar | Baptista Research |