Globant Balance Sheet Health
Financial Health criteria checks 6/6
Globant has a total shareholder equity of $2.0B and total debt of $187.5M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are $2.9B and $945.0M respectively. Globant's EBIT is $245.6M making its interest coverage ratio 12. It has cash and short-term investments of $213.5M.
Key information
9.6%
Debt to equity ratio
US$187.50m
Debt
| Interest coverage ratio | 12x |
| Cash | US$213.46m |
| Equity | US$1.95b |
| Total liabilities | US$944.99m |
| Total assets | US$2.90b |
Recent financial health updates
Does Globant (NYSE:GLOB) Have A Healthy Balance Sheet?
Aug 12
Is Globant (NYSE:GLOB) Using Too Much Debt?
Apr 06Globant (NYSE:GLOB) Has A Pretty Healthy Balance Sheet
Dec 04We Think Globant (NYSE:GLOB) Can Manage Its Debt With Ease
Apr 25Is Globant (NYSE:GLOB) A Risky Investment?
Jan 15Recent updates
The Returns On Capital At Globant (NYSE:GLOB) Don't Inspire Confidence
Nov 05Investors Interested In Globant S.A.'s (NYSE:GLOB) Earnings
Oct 22Globant Is A Great Business, But There's Not Enough Value To Buy
Oct 22Is Globant S.A. (NYSE:GLOB) Potentially Undervalued?
Oct 07A Look At The Intrinsic Value Of Globant S.A. (NYSE:GLOB)
Sep 22Does Globant (NYSE:GLOB) Have A Healthy Balance Sheet?
Aug 12Globant: A Second Stage AI Player
Aug 03Globant Faces Slowing Growth Amid Technology Segment Softness
Jul 24Globant S.A.'s (NYSE:GLOB) Share Price Matching Investor Opinion
Jul 14Does Globant (NYSE:GLOB) Deserve A Spot On Your Watchlist?
Jun 28Here's What's Concerning About Globant's (NYSE:GLOB) Returns On Capital
Jun 11What Does Globant S.A.'s (NYSE:GLOB) Share Price Indicate?
May 24Globant Earnings: I Would Like To Hear About The AI Initiatives More
May 09Is Globant (NYSE:GLOB) Using Too Much Debt?
Apr 06Investors Interested In Globant S.A.'s (NYSE:GLOB) Earnings
Mar 21Estimating The Intrinsic Value Of Globant S.A. (NYSE:GLOB)
Mar 04The Globant S.A. (NYSE:GLOB) Yearly Results Are Out And Analysts Have Published New Forecasts
Feb 18Should You Investigate Globant S.A. (NYSE:GLOB) At US$239?
Feb 16Globant (NYSE:GLOB) Will Want To Turn Around Its Return Trends
Feb 01Do Globant's (NYSE:GLOB) Earnings Warrant Your Attention?
Jan 17Charting Globant's Digital Odyssey: Navigating The High Seas Of Tech Innovation And Market Expansion
Jan 16Globant S.A.'s (NYSE:GLOB) Share Price Matching Investor Opinion
Dec 18Globant (NYSE:GLOB) Has A Pretty Healthy Balance Sheet
Dec 04At US$177, Is Globant S.A. (NYSE:GLOB) Worth Looking At Closely?
Nov 03Globant S.A. Expects Attenuated Growth As AI Opportunities Await
Nov 02Here's Why We Think Globant (NYSE:GLOB) Might Deserve Your Attention Today
Oct 01The Returns On Capital At Globant (NYSE:GLOB) Don't Inspire Confidence
Aug 25Globant Q2 Results: Growth Improving, But Valuation Remains Demanding
Aug 22Calculating The Fair Value Of Globant S.A. (NYSE:GLOB)
Aug 10Globant Has Lower Utilization And Sees Slower Revenue Growth Ahead
Jul 24When Should You Buy Globant S.A. (NYSE:GLOB)?
Jul 21We Ran A Stock Scan For Earnings Growth And Globant (NYSE:GLOB) Passed With Ease
Jul 03Returns On Capital At Globant (NYSE:GLOB) Have Hit The Brakes
May 10We Think Globant (NYSE:GLOB) Can Manage Its Debt With Ease
Apr 25Should You Think About Buying Globant S.A. (NYSE:GLOB) Now?
Apr 07We Ran A Stock Scan For Earnings Growth And Globant (NYSE:GLOB) Passed With Ease
Mar 23Globant Q4 Results: An Interesting AI Play
Feb 20Globant (NYSE:GLOB) Has Some Way To Go To Become A Multi-Bagger
Feb 02Is Globant (NYSE:GLOB) A Risky Investment?
Jan 15Globant acquires creative consultancy Vertic
Jan 10When Should You Buy Globant S.A. (NYSE:GLOB)?
Dec 27If EPS Growth Is Important To You, Globant (NYSE:GLOB) Presents An Opportunity
Dec 09Financial Position Analysis
Short Term Liabilities: GLOB's short term assets ($933.3M) exceed its short term liabilities ($686.3M).
Long Term Liabilities: GLOB's short term assets ($933.3M) exceed its long term liabilities ($258.7M).
Debt to Equity History and Analysis
Debt Level: GLOB has more cash than its total debt.
Reducing Debt: GLOB's debt to equity ratio has reduced from 13.7% to 9.6% over the past 5 years.
Debt Coverage: GLOB's debt is well covered by operating cash flow (145%).
Interest Coverage: GLOB's interest payments on its debt are well covered by EBIT (12x coverage).