Workday Balance Sheet Health
Financial Health criteria checks 6/6
Workday has a total shareholder equity of $8.3B and total debt of $3.0B, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are $16.2B and $7.9B respectively. Workday's EBIT is $342.0M making its interest coverage ratio -1.5. It has cash and short-term investments of $7.4B.
Key information
35.7%
Debt to equity ratio
US$2.98b
Debt
| Interest coverage ratio | -1.5x |
| Cash | US$7.37b |
| Equity | US$8.35b |
| Total liabilities | US$7.89b |
| Total assets | US$16.23b |
Recent financial health updates
Workday (NASDAQ:WDAY) Could Easily Take On More Debt
Aug 23
We Think Workday (NASDAQ:WDAY) Can Manage Its Debt With Ease
May 21Workday (NASDAQ:WDAY) Has A Rock Solid Balance Sheet
Jan 30Is Workday (NASDAQ:WDAY) Using Too Much Debt?
Sep 07Recent updates
Workday: The Share Price Is Still On Shaky Grounds
Oct 31Why Workday, Inc. (NASDAQ:WDAY) Could Be Worth Watching
Oct 28Returns On Capital Are Showing Encouraging Signs At Workday (NASDAQ:WDAY)
Oct 10Workday's AI Roadmap Now Adds An Extra 500bp To Margins
Sep 23Workday's (NASDAQ:WDAY) Earnings Are Weaker Than They Seem
Sep 04Workday (NASDAQ:WDAY) Could Easily Take On More Debt
Aug 23Workday Earnings: The Market Loved It, But I Am Not Convinced
Aug 23Workday: Leadership In HCM And Payroll Software Market
Aug 17Workday, Inc.'s (NASDAQ:WDAY) Business Is Trailing The Industry But Its Shares Aren't
Aug 05Workday: The Backbone Of Enterprise Growth, 28x Forward Operating Profits
Jul 29Workday: A Nice Payday For Long-Term Investors
Jul 09Workday, Inc. (NASDAQ:WDAY) Shares Could Be 44% Below Their Intrinsic Value Estimate
Jun 30Workday: Stock Has Likely Bottomed, Presenting A Buying Opportunity
Jun 24Workday (NASDAQ:WDAY) Is Looking To Continue Growing Its Returns On Capital
Jun 12Workday Q1 2025 Earnings Preview: GAAP Earnings Matter And High Growth Is The Norm
May 21We Think Workday (NASDAQ:WDAY) Can Manage Its Debt With Ease
May 21Workday, Inc. (NASDAQ:WDAY) Investors Are Less Pessimistic Than Expected
May 05Is 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 27Financial Position Analysis
Short Term Liabilities: WDAY's short term assets ($9.2B) exceed its short term liabilities ($4.5B).
Long Term Liabilities: WDAY's short term assets ($9.2B) exceed its long term liabilities ($3.4B).
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 55.8% to 35.7% over the past 5 years.
Debt Coverage: WDAY's debt is well covered by operating cash flow (80.1%).
Interest Coverage: WDAY earns more interest than it pays, so coverage of interest payments is not a concern.