SolarWinds Balance Sheet Health
Financial Health criteria checks 2/6
SolarWinds has a total shareholder equity of $1.4B and total debt of $1.2B, which brings its debt-to-equity ratio to 83.4%. Its total assets and total liabilities are $3.3B and $1.8B respectively. SolarWinds's EBIT is $166.9M making its interest coverage ratio 1.4. It has cash and short-term investments of $289.2M.
Key information
83.4%
Debt to equity ratio
US$1.20b
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$289.17m |
| Equity | US$1.44b |
| Total liabilities | US$1.81b |
| Total assets | US$3.25b |
Recent financial health updates
These 4 Measures Indicate That SolarWinds (NYSE:SWI) Is Using Debt Reasonably Well
Jan 23
Is 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 05SolarWinds (NYSE:SWI) Has A Somewhat Strained Balance Sheet
Oct 12SolarWinds (NYSE:SWI) Has A Somewhat Strained Balance Sheet
Jul 04Recent updates
There'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 15SolarWinds Corporation (NYSE:SWI) Shares Could Be 46% Below Their Intrinsic Value Estimate
Aug 02SolarWinds Q2 2022 Earnings Preview
Aug 01SolarWinds (NYSE:SWI) Has A Somewhat Strained Balance Sheet
Jul 04Sizing Up SolarWinds
Jun 22SolarWinds' (NYSE:SWI) Returns On Capital Are Heading Higher
May 30Is SolarWinds Corporation (NYSE:SWI) Trading At A 45% Discount?
Mar 28SolarWinds: Undervalued Investment On The Rebound
Mar 15Is SolarWinds (NYSE:SWI) A Risky Investment?
Mar 02We Like These Underlying Return On Capital Trends At SolarWinds (NYSE:SWI)
Jan 31Is SolarWinds Corporation (NYSE:SWI) Trading At A 45% Discount?
Dec 21Investors Will Want SolarWinds' (NYSE:SWI) Growth In ROCE To Persist
Oct 26Is It Too Late To Consider Buying SolarWinds Corporation (NYSE:SWI)?
Oct 11Are Investors Undervaluing SolarWinds Corporation (NYSE:SWI) By 32%?
Sep 09SolarWinds Corporation (NYSE:SWI) Analysts Are Reducing Their Forecasts For This Year
Aug 09Financial Position Analysis
Short Term Liabilities: SWI's short term assets ($421.3M) do not cover its short term liabilities ($468.8M).
Long Term Liabilities: SWI's short term assets ($421.3M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: SWI's net debt to equity ratio (63.4%) is considered high.
Reducing Debt: SWI's debt to equity ratio has increased from 73.5% to 83.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SWI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SWI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.2% per year.