SolarWinds Balance Sheet Health
Financial Health criteria checks 0/6
SolarWinds has a total shareholder equity of $1.4B and total debt of $1.2B, which brings its debt-to-equity ratio to 88.3%. Its total assets and total liabilities are $3.1B and $1.8B respectively. SolarWinds's EBIT is $206.5M making its interest coverage ratio 1.9. It has cash and short-term investments of $199.2M.
Key information
88.3%
Debt to equity ratio
US$1.21b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$199.19m |
| Equity | US$1.36b |
| Total liabilities | US$1.75b |
| Total assets | US$3.12b |
Recent financial health updates
SolarWinds (NYSE:SWI) Seems To Use Debt Quite Sensibly
Nov 19
Does SolarWinds (NYSE:SWI) Have A Healthy Balance Sheet?
Jul 27These 4 Measures Indicate That SolarWinds (NYSE:SWI) Is Using Debt Reasonably Well
Jan 23Is SolarWinds (NYSE:SWI) Using Too Much Debt?
Oct 14We Think SolarWinds (NYSE:SWI) Can Stay On Top Of Its Debt
Jul 01These 4 Measures Indicate That SolarWinds (NYSE:SWI) Is Using Debt Extensively
Mar 05Recent updates
SolarWinds (NYSE:SWI) Seems To Use Debt Quite Sensibly
Nov 19SolarWinds Corporation's (NYSE:SWI) Shares Lagging The Industry But So Is The Business
Nov 01The Return Trends At SolarWinds (NYSE:SWI) Look Promising
Aug 23SolarWinds: Leveraging AI For Advanced IT Management Solutions
Jul 27Does SolarWinds (NYSE:SWI) Have A Healthy Balance Sheet?
Jul 27Voss Capital - SolarWinds: Easily The Cheapest Software Stock Over $1B In Market Cap
Jun 12Solid Earnings Reflect SolarWinds' (NYSE:SWI) Strength As A Business
May 10There's Been No Shortage Of Growth Recently For SolarWinds' (NYSE:SWI) Returns On Capital
Apr 03SolarWinds: Strong Earnings And Positive Long-Term Prospects (Rating Upgrade)
Feb 14These 4 Measures Indicate That SolarWinds (NYSE:SWI) Is Using Debt Reasonably Well
Jan 23Insufficient Growth At SolarWinds Corporation (NYSE:SWI) Hampers Share Price
Dec 26SolarWinds Looks Fully Valued, But A Sale May Be Under Consideration
Nov 17Is SolarWinds (NYSE:SWI) Using Too Much Debt?
Oct 14SolarWinds (NYSE:SWI) Is Doing The Right Things To Multiply Its Share Price
Sep 15SolarWinds: Near-Term Challenges And Weak Relative Performance Depress Stock Price
Sep 08SolarWinds Q2: Shedding Light On Progress Amid Cyber Shadows
Aug 04We Think SolarWinds (NYSE:SWI) Can Stay On Top Of Its Debt
Jul 01SolarWinds (NYSE:SWI) Is Experiencing Growth In Returns On Capital
Jun 09SolarWinds: Things Are Getting Better, But Still A Hold For Now
May 23SolarWinds Corporation (NYSE:SWI) Shares Could Be 49% Below Their Intrinsic Value Estimate
May 19These 4 Measures Indicate That SolarWinds (NYSE:SWI) Is Using Debt Extensively
Mar 05SolarWinds Q4 2022 Earnings Preview
Feb 08Is There An Opportunity With SolarWinds Corporation's (NYSE:SWI) 40% Undervaluation?
Jan 23SolarWinds' (NYSE:SWI) Returns On Capital Are Heading Higher
Dec 26SolarWinds Corporation: Larger Customers Show A Glimpse Of Potential Future Growth
Dec 08At US$8.06, Is SolarWinds Corporation (NYSE:SWI) Worth Looking At Closely?
Nov 04SolarWinds Q3 2022 Earnings Preview
Nov 02SolarWinds (NYSE:SWI) Has A Somewhat Strained Balance Sheet
Oct 12SolarWinds (NYSE:SWI) Is Experiencing Growth In Returns On Capital
Sep 19SolarWinds: Hacked Valuation With Industry Tailwinds
Sep 15Financial Position Analysis
Short Term Liabilities: SWI's short term assets ($325.8M) do not cover its short term liabilities ($457.2M).
Long Term Liabilities: SWI's short term assets ($325.8M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: SWI's net debt to equity ratio (73.7%) is considered high.
Reducing Debt: SWI's debt to equity ratio has increased from 73.9% to 88.3% over the past 5 years.
Debt Coverage: SWI's debt is not well covered by operating cash flow (15%).
Interest Coverage: SWI's interest payments on its debt are not well covered by EBIT (1.9x coverage).