Workday Balance Sheet Health
Financial Health criteria checks 6/6
Workday has a total shareholder equity of $7.8B and total debt of $3.0B, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are $18.1B and $10.3B respectively. Workday's EBIT is $1.0B making its interest coverage ratio -5. It has cash and short-term investments of $5.4B.
Key information
38.27%
Debt to equity ratio
US$2.99b
Debt
| Interest coverage ratio | -5x |
| Cash | US$5.44b |
| Equity | US$7.81b |
| Total liabilities | US$10.27b |
| Total assets | US$18.07b |
Recent financial health updates
Recent updates
AI Adoption And Global Expansion Will Underpin A Stronger Long Term Thesis
Catalysts About Workday Workday provides cloud based HR and finance software that unifies people, processes and data on a single platform. What are the underlying business or industry changes driving this perspective?Workday: Oversold With Material Upside Potential
Feb 19The Price Is Right For Workday, Inc. (NASDAQ:WDAY) Even After Diving 26%
Feb 11
AI Spending Risks And Slower International Expansion Will Challenge Margins Yet Support Long-Term Potential
Catalysts About Workday Workday provides cloud applications that unify human capital management and financial management on a single platform for enterprises worldwide. What are the underlying business or industry changes driving this perspective?Does Workday (NASDAQ:WDAY) Have A Healthy Balance Sheet?
Aug 08
There's Reason For Concern Over Workday, Inc.'s (NASDAQ:WDAY) Massive 25% Price Jump
May 22Is There An Opportunity With Workday, Inc.'s (NASDAQ:WDAY) 33% Undervaluation?
May 04Workday: Consistent Growth Is Admirable, But The Stock Is Already Sitting At A High Price
Feb 26Workday: AI Agents And Margin Expansion Not Enough To Justify Current Valuation
Jan 17Workday Q3 Recap: AI Demand Is Ramping Up Contract Values
Nov 28Workday: The Share Price Is Still On Shaky Grounds
Oct 31Financial Position Analysis
Short Term Liabilities: WDAY's short term assets ($8.4B) exceed its short term liabilities ($6.4B).
Long Term Liabilities: WDAY's short term assets ($8.4B) exceed its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: WDAY has more cash than its total debt.
Reducing Debt: WDAY's debt to equity ratio has reduced from 54.8% to 38.3% over the past 5 years.
Debt Coverage: WDAY's debt is well covered by operating cash flow (98.4%).
Interest Coverage: WDAY earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/26 16:21 |
| End of Day Share Price | 2026/03/26 00:00 |
| Earnings | 2026/01/31 |
| Annual Earnings | 2026/01/31 |
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
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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
Workday, Inc. is covered by 64 analysts. 41 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 |
|---|---|
| Mark Marcon | Baird |
| Raimo Lenschow | Barclays |
| Yun Suk Kim | Benchmark Company |