Strategy Balance Sheet Health
Financial Health criteria checks 2/6
Strategy has a total shareholder equity of $50.4B and total debt of $8.2B, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are $64.8B and $14.4B respectively. Strategy's EBIT is $6.7B making its interest coverage ratio 95.7. It has cash and short-term investments of $50.1M.
Key information
16.21%
Debt to equity ratio
US$8.16b
Debt
| Interest coverage ratio | 95.7x |
| Cash | US$50.10m |
| Equity | US$50.37b |
| Total liabilities | US$14.40b |
| Total assets | US$64.77b |
Recent financial health updates
No updates
Recent updates
Strategy: The Bitcoin Premium Is Evaporating
Oct 13Strategy's (NASDAQ:MSTR) Profits Appear To Have Quality Issues
Aug 18
Weekly Picks: 📈 MSTR's Leveraged Bitcoin Exposure, QS' Breakthrough Battery Tech, and BBWI's Turnaround Potential
Jul 16Strategy: Saylor Buys The Dip, I Buy The Break-Out
Apr 25Strategy (MicroStrategy): The Ultimate Bet On Bitcoin's Future
Mar 31Strategy (MicroStrategy) Shouldn't Have Paid $100,000 For Bitcoin
Mar 20Strategy: Preferred Offering Has Potential Problem
Mar 12Strategy (MicroStrategy): Collapses With Bitcoin Drop, Still Grossly Overvalued
Mar 02Strategy: It Just Doesn't Make Sense
Feb 13Strategy (Formerly MicroStrategy) Q4 Earnings: Selling Volatility... And 'Merch'
Feb 06MicroStrategy Is Buying Train Cars, Block Is Building Railroads
Jan 27MicroStrategy's Trillion Dollar Bitcoin Bet Is Not What It Seems (Upgrade)
Jan 16MicroStrategy Is A Coiled Spring About To Jump Higher
Jan 08MicroStrategy: Attempting A High-Stakes Play In Speculative Finance
Dec 29
MicroStrategy: Volatile Gamble or Golden Opportunity?
Bitcoin Price AppreciationIf Bitcoin continues its upward trajectory, MicroStrategy’s amplified exposure through its leveraged strategy could yield outsized gains, attracting even more speculative intMicroStrategy's Nasdaq Inclusion Is An Endorsement Of Its Leveraged Bet
Dec 16MicroStrategy: Risky Business Model Makes It A Top Short Idea For 2025
Dec 10Understanding MicroStrategy
Nov 25MicroStrategy Could Be A Multi-Trillion Dollar Company
Nov 19MSTR: How Game Theory And A Pro Crypto Shift Could Spark Global BTC Adoption
Nov 09MicroStrategy Is Running Towards Its All-Time High
Oct 31MicroStrategy: Navigating The Bitcoin Wave With Leverage And Tailwinds
Oct 21MicroStrategy's Worst Case Scenario
Oct 14MicroStrategy: Recent Numbers And Basic Math Show The Tremendous Value In This Company
Oct 07MicroStrategy's Valuation Journey: Bitcoin's Power And Cheap Debt
Oct 01MicroStrategy: Buy Before The Upcoming Crypto Bull Run
Sep 13MicroStrategy: A Vote On The Uncertain Future Of BTC
Aug 31All About That Yield: MicroStrategy's Biggest Earnings Call Yet
Aug 05MicroStrategy: I Still Can't Justify Buying
Jul 11MicroStrategy Is Hedge Funds' Favorite Meme Stock
Jul 03MicroStrategy: Overleveraged Gamble On Cryptocurrency That May Become Worthless In Bitcoin Crash
Jun 18MicroStrategy Stock: Sell With The Insiders
May 13MicroStrategy's Micro Execution: Why Execution Matters
May 02MicroStrategy's Operational Decline Cannot Be Salvaged By Bitcoin
Apr 11MicroStrategy Is A $1 Box Of Bitcoin Trading For $1.91
Mar 31Financial Position Analysis
Short Term Liabilities: MSTR's short term assets ($213.5M) do not cover its short term liabilities ($314.6M).
Long Term Liabilities: MSTR's short term assets ($213.5M) do not cover its long term liabilities ($14.1B).
Debt to Equity History and Analysis
Debt Level: MSTR's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: MSTR's debt to equity ratio has increased from 0% to 16.2% over the past 5 years.
Debt Coverage: MSTR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MSTR's interest payments on its debt are well covered by EBIT (95.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/24 10:14 |
| End of Day Share Price | 2025/10/24 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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 |
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| 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.
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 Github.
Analyst Sources
Strategy Inc is covered by 26 analysts. 13 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 |
|---|---|
| Ramsey El-Assal | Barclays |
| Mark Palmer | Benchmark Company |
| Yun Suk Kim | Benchmark Company |