NetScout Systems Balance Sheet Health
Financial Health criteria checks 6/6
NetScout Systems has a total shareholder equity of $1.9B and total debt of $100.0M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are $2.6B and $685.9M respectively. NetScout Systems's EBIT is $52.5M making its interest coverage ratio 150.6. It has cash and short-term investments of $329.1M.
Key information
5.3%
Debt to equity ratio
US$100.00m
Debt
Interest coverage ratio | 150.6x |
Cash | US$329.11m |
Equity | US$1.90b |
Total liabilities | US$685.90m |
Total assets | US$2.59b |
Recent financial health updates
NetScout Systems (NASDAQ:NTCT) Seems To Use Debt Rather Sparingly
Nov 08Is NetScout Systems (NASDAQ:NTCT) Using Too Much Debt?
Aug 02NetScout Systems (NASDAQ:NTCT) Has A Pretty Healthy Balance Sheet
Apr 26Does NetScout Systems (NASDAQ:NTCT) Have A Healthy Balance Sheet?
Jan 06These 4 Measures Indicate That NetScout Systems (NASDAQ:NTCT) Is Using Debt Safely
Sep 28Is NetScout Systems (NASDAQ:NTCT) Using Too Much Debt?
Jun 27Recent updates
NetScout Systems, Inc. (NASDAQ:NTCT) Shares Could Be 50% Below Their Intrinsic Value Estimate
Mar 12NetScout Systems: Long-Term Issues Remain A Concern
Feb 26NetScout Systems, Inc. Just Beat Revenue Estimates By 10%
Jan 29NetScout Systems (NASDAQ:NTCT) Might Have The Makings Of A Multi-Bagger
Jan 26NetScout Systems, Inc. (NASDAQ:NTCT) Shares Could Be 44% Below Their Intrinsic Value Estimate
Dec 07NetScout Systems (NASDAQ:NTCT) Seems To Use Debt Rather Sparingly
Nov 08NetScout Systems (NASDAQ:NTCT) Is Experiencing Growth In Returns On Capital
Oct 05Are Investors Undervaluing NetScout Systems, Inc. (NASDAQ:NTCT) By 43%?
Sep 06Is NetScout Systems (NASDAQ:NTCT) Using Too Much Debt?
Aug 02Estimating The Intrinsic Value Of NetScout Systems, Inc. (NASDAQ:NTCT)
Jun 06Here's Why NetScout Systems (NASDAQ:NTCT) Has Caught The Eye Of Investors
May 10NetScout Systems (NASDAQ:NTCT) Has A Pretty Healthy Balance Sheet
Apr 26We Like These Underlying Return On Capital Trends At NetScout Systems (NASDAQ:NTCT)
Mar 12Calculating The Fair Value Of NetScout Systems, Inc. (NASDAQ:NTCT)
Feb 22Does NetScout Systems (NASDAQ:NTCT) Have A Healthy Balance Sheet?
Jan 06Do NetScout Systems' (NASDAQ:NTCT) Earnings Warrant Your Attention?
Dec 21A Look At The Fair Value Of NetScout Systems, Inc. (NASDAQ:NTCT)
Nov 17These 4 Measures Indicate That NetScout Systems (NASDAQ:NTCT) Is Using Debt Safely
Sep 28If EPS Growth Is Important To You, NetScout Systems (NASDAQ:NTCT) Presents An Opportunity
Sep 13NetScout Systems (NASDAQ:NTCT) Shareholders Will Want The ROCE Trajectory To Continue
Aug 27NetScout Systems FQ1 2023 Earnings Preview
Aug 03Are Investors Undervaluing NetScout Systems, Inc. (NASDAQ:NTCT) By 50%?
Jul 26Is NetScout Systems (NASDAQ:NTCT) Using Too Much Debt?
Jun 27Should You Be Adding NetScout Systems (NASDAQ:NTCT) To Your Watchlist Today?
Jun 14Statutory Profit Doesn't Reflect How Good NetScout Systems' (NASDAQ:NTCT) Earnings Are
May 26Returns Are Gaining Momentum At NetScout Systems (NASDAQ:NTCT)
Apr 21Leading Cybersecurity Firm NetScout Could Be A Huge Winner
Apr 03Are Investors Undervaluing NetScout Systems, Inc. (NASDAQ:NTCT) By 40%?
Mar 18NetScout Systems (NASDAQ:NTCT) Could Easily Take On More Debt
Mar 03Is Now The Time To Put NetScout Systems (NASDAQ:NTCT) On Your Watchlist?
Feb 16The Return Trends At NetScout Systems (NASDAQ:NTCT) Look Promising
Jan 10An Intrinsic Calculation For NetScout Systems, Inc. (NASDAQ:NTCT) Suggests It's 48% Undervalued
Dec 08These 4 Measures Indicate That NetScout Systems (NASDAQ:NTCT) Is Using Debt Reasonably Well
Nov 23Do NetScout Systems's (NASDAQ:NTCT) Earnings Warrant Your Attention?
Nov 08Financial Position Analysis
Short Term Liabilities: NTCT's short term assets ($609.3M) exceed its short term liabilities ($382.3M).
Long Term Liabilities: NTCT's short term assets ($609.3M) exceed its long term liabilities ($303.6M).
Debt to Equity History and Analysis
Debt Level: NTCT has more cash than its total debt.
Reducing Debt: NTCT's debt to equity ratio has reduced from 29.4% to 5.3% over the past 5 years.
Debt Coverage: NTCT's debt is well covered by operating cash flow (78%).
Interest Coverage: NTCT's interest payments on its debt are well covered by EBIT (150.6x coverage).