Workday Balance Sheet Health
Financial Health criteria checks 6/6
Workday has a total shareholder equity of $8.1B and total debt of $3.0B, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are $16.5B and $8.4B respectively. Workday's EBIT is $183.0M making its interest coverage ratio -1. It has cash and short-term investments of $7.8B.
Key information
36.9%
Debt to equity ratio
US$2.98b
Debt
| Interest coverage ratio | -1x |
| Cash | US$7.81b |
| Equity | US$8.08b |
| Total liabilities | US$8.37b |
| Total assets | US$16.45b |
Recent financial health updates
Workday (NASDAQ:WDAY) Has A Rock Solid Balance Sheet
Jan 30
Is Workday (NASDAQ:WDAY) Using Too Much Debt?
Sep 07Workday (NASDAQ:WDAY) Has Debt But No Earnings; Should You Worry?
Jun 08Is Workday (NASDAQ:WDAY) Using Debt Sensibly?
Feb 22Is Workday (NASDAQ:WDAY) Weighed On By Its Debt Load?
Nov 16Recent updates
Is Now The Time To Look At Buying Workday, Inc. (NASDAQ:WDAY)?
Apr 04Workday: Superior Fundamentals, But Stock Doesn't Have Significant Upside Left
Mar 31An Intrinsic Calculation For Workday, Inc. (NASDAQ:WDAY) Suggests It's 30% Undervalued
Mar 20Results: Workday, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 29Workday: Brace For A Rough Landing
Feb 27Workday Q4 Earnings Preview: Expect Strong Subscription Growth To Continue In FY25
Feb 21Workday (NASDAQ:WDAY) Has A Rock Solid Balance Sheet
Jan 30Workday: Terrific Execution, But Too Expensive To Consider
Jan 10Getting In Cheap On Workday, Inc. (NASDAQ:WDAY) Is Unlikely
Dec 31Workday (NASDAQ:WDAY) Shareholders Will Want The ROCE Trajectory To Continue
Dec 15Is It Too Late To Consider Buying Workday, Inc. (NASDAQ:WDAY)?
Nov 21Is There An Opportunity With Workday, Inc.'s (NASDAQ:WDAY) 24% Undervaluation?
Sep 28Is Workday (NASDAQ:WDAY) Using Too Much Debt?
Sep 07When Should You Buy Workday, Inc. (NASDAQ:WDAY)?
Aug 17What You Can Learn From Workday, Inc.'s (NASDAQ:WDAY) P/S
Jun 27Workday (NASDAQ:WDAY) Has Debt But No Earnings; Should You Worry?
Jun 08Calculating The Fair Value Of Workday, Inc. (NASDAQ:WDAY)
May 21At US$183, Is It Time To Put Workday, Inc. (NASDAQ:WDAY) On Your Watch List?
May 03Is Workday (NASDAQ:WDAY) Using Debt Sensibly?
Feb 22Workday, Inc.'s (NASDAQ:WDAY) Intrinsic Value Is Potentially 31% Above Its Share Price
Feb 01At US$160, Is Workday, Inc. (NASDAQ:WDAY) Worth Looking At Closely?
Jan 11CrowdStrike, Apple and Workday: Our lukewarm take on recent earnings and news
Nov 30
Is Workday (NASDAQ:WDAY) Weighed On By Its Debt Load?
Nov 16Workday, Oracle slump as cloud companies get caught in wide market selloff
Oct 19Workday: Priced For The Illusion Of Safety
Sep 15Financial Position Analysis
Short Term Liabilities: WDAY's short term assets ($9.9B) exceed its short term liabilities ($5.1B).
Long Term Liabilities: WDAY's short term assets ($9.9B) exceed its long term liabilities ($3.3B).
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 61.5% to 36.9% over the past 5 years.
Debt Coverage: WDAY's debt is well covered by operating cash flow (72.1%).
Interest Coverage: WDAY earns more interest than it pays, so coverage of interest payments is not a concern.