DigitalOcean Holdings Balance Sheet Health
Financial Health criteria checks 1/6
DigitalOcean Holdings has a total shareholder equity of $-211.7M and total debt of $1.5B, which brings its debt-to-equity ratio to -700.7%. Its total assets and total liabilities are $1.5B and $1.7B respectively. DigitalOcean Holdings's EBIT is $103.4M making its interest coverage ratio -9.5. It has cash and short-term investments of $439.9M.
Key information
-700.7%
Debt to equity ratio
US$1.48b
Debt
| Interest coverage ratio | -9.5x |
| Cash | US$439.87m |
| Equity | -US$211.70m |
| Total liabilities | US$1.74b |
| Total assets | US$1.53b |
Recent financial health updates
Recent updates
There's Been No Shortage Of Growth Recently For DigitalOcean Holdings' (NYSE:DOCN) Returns On Capital
Nov 05
Calculating The Intrinsic Value Of DigitalOcean Holdings, Inc. (NYSE:DOCN)
Oct 07DigitalOcean: Let Us Wait For A Powerful Catalyst To Break Resistance
Sep 08After Leaping 30% DigitalOcean Holdings, Inc. (NYSE:DOCN) Shares Are Not Flying Under The Radar
Sep 01What Is DigitalOcean Holdings, Inc.'s (NYSE:DOCN) Share Price Doing?
Aug 01DigitalOcean: Outlook Is Too Cloudy
Jun 26DigitalOcean Holdings, Inc.'s (NYSE:DOCN) P/S Is On The Mark
Jun 12Shareholders Can Be Confident That DigitalOcean Holdings' (NYSE:DOCN) Earnings Are High Quality
May 21A Look At The Fair Value Of DigitalOcean Holdings, Inc. (NYSE:DOCN)
May 13DigitalOcean: It Will Likely Be Difficult To Survive
May 06DigitalOcean: Good Potential With A Long-Term Story, But We Have Reservations
Apr 22Is There Now An Opportunity In DigitalOcean Holdings, Inc. (NYSE:DOCN)?
Apr 21Some Confidence Is Lacking In DigitalOcean Holdings, Inc.'s (NYSE:DOCN) P/S
Mar 09DigitalOcean's Q4 Earnings: 19x Forward Free Cash Flows Is Rich
Feb 22DigitalOcean Holdings (NYSE:DOCN) Is Looking To Continue Growing Its Returns On Capital
Feb 01DigitalOcean: Business Excellence And Commitment To Innovation
Jan 20Is DigitalOcean Holdings, Inc. (NYSE:DOCN) Potentially Undervalued?
Jan 17Does This Valuation Of DigitalOcean Holdings, Inc. (NYSE:DOCN) Imply Investors Are Overpaying?
Jan 02DigitalOcean: The Stock Is Rising But This Bull Is Throwing In The Towel
Dec 22DigitalOcean's 2024 Revenue Growth Rates And Prospects
Nov 21DigitalOcean Holdings, Inc.'s (NYSE:DOCN) Shares Climb 26% But Its Business Is Yet to Catch Up
Nov 18DigitalOcean: Pure-Play Cloud Provider Trading At Under 20x Earnings
Oct 18DigitalOcean: Massive Headwinds And Unattractive Valuation
Sep 07DigitalOcean: Revised Guidance, A Cloudy Outlook For 2023
Aug 15Calculating The Intrinsic Value Of DigitalOcean Holdings, Inc. (NYSE:DOCN)
Aug 08DigitalOcean Seeks To Become AI Solution For SMBs
Aug 07When Should You Buy DigitalOcean Holdings, Inc. (NYSE:DOCN)?
Jul 18DigitalOcean: Sinking Or Swimming?
Jul 06Financial Position Analysis
Short Term Liabilities: DOCN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DOCN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: DOCN has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DOCN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DOCN's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: DOCN earns more interest than it pays, so coverage of interest payments is not a concern.