NICE Balance Sheet Health
Financial Health criteria checks 6/6
NICE has a total shareholder equity of $3.4B and total debt of $666.3M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are $5.1B and $1.8B respectively. NICE's EBIT is $431.0M making its interest coverage ratio -15.2. It has cash and short-term investments of $1.4B.
Key information
19.9%
Debt to equity ratio
US$666.31m
Debt
Interest coverage ratio | -15.2x |
Cash | US$1.41b |
Equity | US$3.35b |
Total liabilities | US$1.76b |
Total assets | US$5.12b |
Recent financial health updates
No updates
Recent updates
NICE: Riding The AI Wave
Mar 16NICE Ltd.: Valuation Re-Rating Is Likely To Be Dependent On Collections
Sep 21NICE Non-GAAP EPS of $1.86 beats by $0.07, revenue of $530.6M beats by $5.55M
Aug 18NICE: Robust Cloud Segment And Savvy M&As Make The Stock A Buy
Jan 02Philadelphia selects NICE Inform Elite for new 911 center
Jun 17NICE: Cloud Acceleration Underpins The Upside Potential
Nov 27NICE Q3 results beat expectations backed by cloud business acceleration
Nov 12NICE Q3 2020 Earnings Preview
Nov 11Financial Position Analysis
Short Term Liabilities: NICE's short term assets ($2.3B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: NICE's short term assets ($2.3B) exceed its long term liabilities ($642.8M).
Debt to Equity History and Analysis
Debt Level: NICE has more cash than its total debt.
Reducing Debt: NICE's debt to equity ratio has reduced from 22.6% to 19.9% over the past 5 years.
Debt Coverage: NICE's debt is well covered by operating cash flow (84.3%).
Interest Coverage: NICE earns more interest than it pays, so coverage of interest payments is not a concern.