Globant Balance Sheet Health
Financial Health criteria checks 5/6
Globant has a total shareholder equity of $1.8B and total debt of $108.0M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are $2.7B and $863.0M respectively. Globant's EBIT is $228.7M making its interest coverage ratio 12.4. It has cash and short-term investments of $237.5M.
Key information
6.0%
Debt to equity ratio
US$107.95m
Debt
| Interest coverage ratio | 12.4x |
| Cash | US$237.50m |
| Equity | US$1.81b |
| Total liabilities | US$862.98m |
| Total assets | US$2.67b |
Recent financial health updates
Is Globant (NYSE:GLOB) Using Too Much Debt?
Apr 06
Globant (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
Globant 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 09Globant Q3 2022 Earnings Preview
Nov 16Return Trends At Globant (NYSE:GLOB) Aren't Appealing
Nov 03Globant to support FIFA+ streaming platform under multi-year deal
Oct 17Globant, LaLiga enter agreement to create global technology company
Sep 28Should You Investigate Globant S.A. (NYSE:GLOB) At US$209?
Sep 19Estimating The Intrinsic Value Of Globant S.A. (NYSE:GLOB)
Sep 05Globant: Digital Transformation At A Reasonable Price
Aug 30Globant Q2 2022 Earnings Preview
Aug 17We Ran A Stock Scan For Earnings Growth And Globant (NYSE:GLOB) Passed With Ease
Aug 08Returns On Capital Signal Tricky Times Ahead For Globant (NYSE:GLOB)
Jul 24Financial Position Analysis
Short Term Liabilities: GLOB's short term assets ($897.7M) exceed its short term liabilities ($632.2M).
Long Term Liabilities: GLOB's short term assets ($897.7M) exceed its long term liabilities ($230.8M).
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 increased from 0.2% to 6% over the past 5 years.
Debt Coverage: GLOB's debt is well covered by operating cash flow (273.6%).
Interest Coverage: GLOB's interest payments on its debt are well covered by EBIT (12.4x coverage).