DigitalOcean Holdings Balance Sheet Health
Financial Health criteria checks 1/6
DigitalOcean Holdings has a total shareholder equity of $-286.1M and total debt of $1.5B, which brings its debt-to-equity ratio to -517.2%. Its total assets and total liabilities are $1.5B and $1.8B respectively. DigitalOcean Holdings's EBIT is $87.3M making its interest coverage ratio -7.1. It has cash and short-term investments of $419.1M.
Key information
-517.2%
Debt to equity ratio
US$1.48b
Debt
| Interest coverage ratio | -7.1x |
| Cash | US$419.06m |
| Equity | -US$286.07m |
| Total liabilities | US$1.77b |
| Total assets | US$1.49b |
Recent financial health updates
Recent updates
A Look At The Fair Value Of DigitalOcean Holdings, Inc. (NYSE:DOCN)
May 13
DigitalOcean: 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 06DigitalOcean: Leading The Way In Cloud Services For The Developer Community
May 27DigitalOcean Q4 2022 Earnings Preview
Feb 15DigitalOcean: Like Cloud Computing AWS, But Much Cheaper
Feb 02DigitalOcean: Executing Well, But Risks Remain
Jan 03DigitalOcean opens new data center in Sydney
Nov 15Financial 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 (17.9%).
Interest Coverage: DOCN earns more interest than it pays, so coverage of interest payments is not a concern.