NICE Balance Sheet Health
Financial Health criteria checks 6/6
NICE has a total shareholder equity of $3.4B and total debt of $666.3M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are $5.1B and $1.8B respectively. NICE's EBIT is $431.0M making its interest coverage ratio -15.2. It has cash and short-term investments of $1.4B.
Key information
19.9%
Debt to equity ratio
US$666.31m
Debt
Interest coverage ratio | -15.2x |
Cash | US$1.41b |
Equity | US$3.35b |
Total liabilities | US$1.76b |
Total assets | US$5.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCSY.F's short term assets ($2.3B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: NCSY.F's short term assets ($2.3B) exceed its long term liabilities ($642.8M).
Debt to Equity History and Analysis
Debt Level: NCSY.F has more cash than its total debt.
Reducing Debt: NCSY.F's debt to equity ratio has reduced from 22.6% to 19.9% over the past 5 years.
Debt Coverage: NCSY.F's debt is well covered by operating cash flow (84.3%).
Interest Coverage: NCSY.F earns more interest than it pays, so coverage of interest payments is not a concern.