8x8 Balance Sheet Health
Financial Health criteria checks 3/6
8x8 has a total shareholder equity of $109.8M and total debt of $396.9M, which brings its debt-to-equity ratio to 361.4%. Its total assets and total liabilities are $740.1M and $630.3M respectively.
Key information
361.4%
Debt to equity ratio
US$396.89m
Debt
Interest coverage ratio | n/a |
Cash | US$117.41m |
Equity | US$109.81m |
Total liabilities | US$630.31m |
Total assets | US$740.13m |
Recent financial health updates
Is 8x8 (NASDAQ:EGHT) A Risky Investment?
Dec 14Is 8x8 (NASDAQ:EGHT) A Risky Investment?
Jul 19Does 8x8 (NASDAQ:EGHT) Have A Healthy Balance Sheet?
Apr 16Is 8x8 (NASDAQ:EGHT) Using Debt In A Risky Way?
Dec 12Health Check: How Prudently Does 8x8 (NASDAQ:EGHT) Use Debt?
Sep 07Is 8x8 (NASDAQ:EGHT) Weighed On By Its Debt Load?
Apr 23Recent updates
Is 8x8 (NASDAQ:EGHT) A Risky Investment?
Dec 148x8: Further Upside Hinges On A Return To Sustained Organic Growth
Dec 04Analysts Have Made A Financial Statement On 8x8, Inc.'s (NASDAQ:EGHT) Second-Quarter Report
Nov 078x8, Inc.'s (NASDAQ:EGHT) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Nov 068x8: Cheap Valuation But Declining Growth Is A Concern
Sep 14Investors Don't See Light At End Of 8x8, Inc.'s (NASDAQ:EGHT) Tunnel And Push Stock Down 28%
Aug 14Is 8x8 (NASDAQ:EGHT) A Risky Investment?
Jul 198x8: An Unlikely Deep Value SaaS Play
Jun 30The Market Doesn't Like What It Sees From 8x8, Inc.'s (NASDAQ:EGHT) Revenues Yet As Shares Tumble 32%
Jun 19Does 8x8 (NASDAQ:EGHT) Have A Healthy Balance Sheet?
Apr 168x8: Growth Visibility Still Lacking
Feb 23Lacklustre Performance Is Driving 8x8, Inc.'s (NASDAQ:EGHT) 26% Price Drop
Feb 088x8, Inc. (NASDAQ:EGHT) Shares Could Be 40% Below Their Intrinsic Value Estimate
Feb 02Is 8x8 (NASDAQ:EGHT) Using Debt In A Risky Way?
Dec 12Health Check: How Prudently Does 8x8 (NASDAQ:EGHT) Use Debt?
Sep 07Are Investors Undervaluing 8x8, Inc. (NASDAQ:EGHT) By 49%?
Aug 02Is 8x8 (NASDAQ:EGHT) Weighed On By Its Debt Load?
Apr 23Is 8x8 (NASDAQ:EGHT) Using Too Much Debt?
Dec 05Financial Position Analysis
Short Term Liabilities: EGHT's short term assets ($246.4M) exceed its short term liabilities ($208.8M).
Long Term Liabilities: EGHT's short term assets ($246.4M) do not cover its long term liabilities ($421.5M).
Debt to Equity History and Analysis
Debt Level: EGHT's net debt to equity ratio (254.5%) is considered high.
Reducing Debt: EGHT's debt to equity ratio has increased from 93.1% to 361.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable EGHT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EGHT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.2% per year.
Discover healthy companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/22 02:49 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2024/03/31 |
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 |
|
|
Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
|
* 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
8x8, Inc. is covered by 26 analysts. 9 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 |
---|---|
Ryan MacWilliams | Barclays |
Amir Rozwadowski | Barclays |
Michael Funk | BofA Global Research |