This company has been acquired
VMware Balance Sheet Health
Financial Health criteria checks 2/6
VMware has a total shareholder equity of $2.5B and total debt of $10.4B, which brings its debt-to-equity ratio to 410.2%. Its total assets and total liabilities are $32.2B and $29.7B respectively. VMware's EBIT is $2.2B making its interest coverage ratio 17.8. It has cash and short-term investments of $6.8B.
Key information
410.2%
Debt to equity ratio
US$10.45b
Debt
| Interest coverage ratio | 17.8x |
| Cash | US$6.80b |
| Equity | US$2.55b |
| Total liabilities | US$29.65b |
| Total assets | US$32.20b |
Recent financial health updates
Recent updates
VMware: What China Might Ask Of Broadcom Is Concerning Markets
Oct 17VMware: Subscription Revenue Status And Regulatory Update
Jul 12VMware: Still Solid, Acquisition Or Not
Feb 15Broadcom to face in-depth European probe into VMware deal - report
Dec 08Broadcom said to file request for European antitrust approval for VMware - report
Nov 15VMware opens research and innovation center in Montreal
Oct 11Favorable Odds On Broadcom's Acquisition Of VMware
Sep 12VMware's vSphere 8 Brings DPUs From AMD, Intel, And Nvidia To Life
Sep 01VMware Q2 2023 Earnings Preview
Aug 25Profit From The Broadcom Takeover Of VMware
Aug 17VMWare said not to get rival offer in go-shop period for Broadcom deal
Jul 05VMware Q1 Earnings Preview: Are They Executing The Multi-Cloud Strategy As Planned?
May 25VMware: Don't Let Short-Term Movements Distract You
Apr 05VMware Struggles Today To Bloom Tomorrow
Mar 12Financial Position Analysis
Short Term Liabilities: VMW's short term assets ($11.0B) do not cover its short term liabilities ($12.7B).
Long Term Liabilities: VMW's short term assets ($11.0B) do not cover its long term liabilities ($16.9B).
Debt to Equity History and Analysis
Debt Level: VMW's net debt to equity ratio (143.2%) is considered high.
Reducing Debt: VMW's debt to equity ratio has increased from 40.8% to 410.2% over the past 5 years.
Debt Coverage: VMW's debt is well covered by operating cash flow (48.7%).
Interest Coverage: VMW's interest payments on its debt are well covered by EBIT (17.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/23 10:53 |
| End of Day Share Price | 2023/11/21 00:00 |
| Earnings | 2023/08/04 |
| Annual Earnings | 2023/02/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
VMware, Inc. is covered by 66 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adam Shepherd | Arete Research Services LLP |
| Christopher Hickey | Atlantic Equities LLP |
| Jayson Noland | Baird |