8x8 Balance Sheet Health
Financial Health criteria checks 3/6
8x8 has a total shareholder equity of $102.0M and total debt of $409.7M, which brings its debt-to-equity ratio to 401.8%. Its total assets and total liabilities are $756.0M and $654.0M respectively.
Key information
401.8%
Debt to equity ratio
US$409.69m
Debt
| Interest coverage ratio | n/a |
| Cash | US$117.31m |
| Equity | US$101.96m |
| Total liabilities | US$654.02m |
| Total assets | US$755.98m |
Recent financial health updates
Is 8x8 (NASDAQ:EGHT) A Risky Investment?
Jul 19
Does 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 23Is 8x8 (NASDAQ:EGHT) Using Too Much Debt?
Dec 05Recent updates
Is 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 05Changing My Tune On 8x8 Inc.
Sep 068X8 GAAP EPS of $0.09 beats by $0.40, revenue of $187.6M beats by $0.81M
Jul 27We Think 8x8 (NYSE:EGHT) Has A Fair Chunk Of Debt
Jul 25Financial Position Analysis
Short Term Liabilities: EGHT's short term assets ($247.8M) exceed its short term liabilities ($172.6M).
Long Term Liabilities: EGHT's short term assets ($247.8M) do not cover its long term liabilities ($481.4M).
Debt to Equity History and Analysis
Debt Level: EGHT's net debt to equity ratio (286.8%) is considered high.
Reducing Debt: EGHT's debt to equity ratio has increased from 86.6% to 401.8% 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 40.1% per year.