Circle Internet Group Balance Sheet Health
Financial Health criteria checks 6/6
Circle Internet Group has a total shareholder equity of $3.5B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $77.2B and $73.7B respectively. Circle Internet Group's EBIT is $215.6M making its interest coverage ratio -4.6. It has cash and short-term investments of $1.7B.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -4.6x |
| Cash | US$1.73b |
| Equity | US$3.51b |
| Total liabilities | US$73.66b |
| Total assets | US$77.17b |
Recent financial health updates
Recent updates
Circle Internet Group: Navigating Competitive And Macro Headwinds
Summary Circle continues to diversify its revenue base and yet remains highly reliant on USDC reserve income. Growth has slowed amid crypto market headwinds and lower rates. This situation has also pressured Circle's margins. The upcoming Open USD launch represents a material threat and, if nothing else, could undermine Circle’s ability to capture reserve income. While economic activity on Circle’s platform continues to increase, the uncertain competitive landscape and macro pressures warrant a more cautious stance on the company's long-term prospects. Read the full article on Seeking Alpha
CRCL: Rising Stablecoin Competition Will Pressure Future Earnings Power
The Analyst Price Target on Circle Internet Group has been revised to $50. This reflects analysts' tempered assumptions for USDC circulation growth, pressure on revenue and margin expectations, and rising concerns about stablecoin competition and potential pricing compression.
CRCL: Regulatory Tailwinds And New Products Will Support Future Upside
Circle Internet Group's analyst price target has been trimmed as analysts incorporate lower revenue growth assumptions, a slightly higher discount rate, and competitive pressures from new stablecoin entrants. At the same time, they highlight firmer profit margin expectations and renewed interest following recent rating upgrades and price target resets across the Street.
CRCL: Arc Network And Token Presale Will Reshape Long Term Earnings Profile
Analysts have trimmed their average price target for Circle Internet Group to about $234, down from roughly $271. They are factoring in slightly higher discount rates, more moderate revenue growth expectations, a higher projected profit margin, and a lower future P/E multiple following recent research updates on stablecoin competition, regulatory progress, and the Arc ecosystem.Circle Internet Group, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Investors in Circle Internet Group, Inc. ( NYSE:CRCL ) had a good week, as its shares rose 3.9% to close at US$127...
Circle Internet Group: From Crypto Proxy to Rate-Sensitive Financial Infrastructure
The market’s perception of Circle has shifted faster than its business itself. For much of the past year, CRCL traded like a speculative crypto equity, moving largely with sentiment rather than fundamentals.
Circle: Powering the Digital Dollar
$62.3B in circulationFinancial Position Analysis
Short Term Liabilities: CRCL's short term assets ($76.2B) exceed its short term liabilities ($73.6B).
Long Term Liabilities: CRCL's short term assets ($76.2B) exceed its long term liabilities ($53.3M).
Debt to Equity History and Analysis
Debt Level: CRCL is debt free.
Reducing Debt: CRCL currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: CRCL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CRCL has no debt, therefore 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 | 2026/08/05 14:36 |
| End of Day Share Price | 2026/08/05 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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
Circle Internet Group, Inc. is covered by 33 analysts. 24 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 |
|---|---|
| Brooksley Kang | Aletheia Analyst Network Limited |
| David Koning | Baird |
| Robert Bamberger | Baird |