Western Digital Balance Sheet Health
Financial Health criteria checks 3/6
Western Digital has a total shareholder equity of $11.3B and total debt of $7.4B, which brings its debt-to-equity ratio to 65.6%. Its total assets and total liabilities are $24.1B and $12.8B respectively. Western Digital's EBIT is $173.0M making its interest coverage ratio 0.5. It has cash and short-term investments of $1.9B.
Key information
65.6%
Debt to equity ratio
US$7.43b
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$1.88b |
| Equity | US$11.34b |
| Total liabilities | US$12.76b |
| Total assets | US$24.10b |
Recent financial health updates
Here's Why Western Digital (NASDAQ:WDC) Can Afford Some Debt
May 08
Western Digital (NASDAQ:WDC) Is Carrying A Fair Bit Of Debt
Dec 08Is Western Digital (NASDAQ:WDC) Using Too Much Debt?
Jul 25Here's Why Western Digital (NASDAQ:WDC) Has A Meaningful Debt Burden
Apr 17Recent updates
Western Digital: A Great Dip To Buy (Rating Upgrade)
Aug 05Not Many Are Piling Into Western Digital Corporation (NASDAQ:WDC) Stock Yet As It Plummets 26%
Aug 03Western Digital: A Buy-The-Dip Opportunity Ahead Of Q4 Earnings
Jul 25Western Digital: Value To Be Unlocked With Flash Spinoff
Jul 03Calculating The Fair Value Of Western Digital Corporation (NASDAQ:WDC)
Jul 01Western Digital Stock: Not Attractive
Jun 20Western Digital Outperformed Seagate For The First Time In 6 Quarters, But It Isn't Sustainable
May 28Here's Why Western Digital (NASDAQ:WDC) Can Afford Some Debt
May 08Western Digital: The Upside Is Just Beginning - Initiating With A Buy
Apr 16Western Digital: Even Without The Spin-Off, The Company Remains Undervalued
Mar 24Western Digital: Technical Trends Point To Further Consolidations
Feb 15US$62.98 - That's What Analysts Think Western Digital Corporation (NASDAQ:WDC) Is Worth After These Results
Jan 27Estimating The Fair Value Of Western Digital Corporation (NASDAQ:WDC)
Jan 08Investors Aren't Entirely Convinced By Western Digital Corporation's (NASDAQ:WDC) Revenues
Dec 24Western Digital (NASDAQ:WDC) Is Carrying A Fair Bit Of Debt
Dec 08Is It Time To Consider Buying Western Digital Corporation (NASDAQ:WDC)?
Nov 23Is Western Digital Corporation (NASDAQ:WDC) Trading At A 26% Discount?
Sep 04When Should You Buy Western Digital Corporation (NASDAQ:WDC)?
Aug 12Is Western Digital (NASDAQ:WDC) Using Too Much Debt?
Jul 25A Look At The Intrinsic Value Of Western Digital Corporation (NASDAQ:WDC)
Jun 01Is Now The Time To Look At Buying Western Digital Corporation (NASDAQ:WDC)?
May 11Here's Why Western Digital (NASDAQ:WDC) Has A Meaningful Debt Burden
Apr 17Calculating The Fair Value Of Western Digital Corporation (NASDAQ:WDC)
Feb 20Why Western Digital Corporation (NASDAQ:WDC) Could Be Worth Watching
Jan 25Western Digital (NASDAQ:WDC) Is Finding It Tricky To Allocate Its Capital
Jan 01Is Western Digital (NASDAQ:WDC) A Risky Investment?
Nov 22Increases to CEO Compensation Might Be Put On Hold For Now at Western Digital Corporation (NASDAQ:WDC)
Nov 10Financial Position Analysis
Short Term Liabilities: WDC's short term assets ($8.1B) exceed its short term liabilities ($5.7B).
Long Term Liabilities: WDC's short term assets ($8.1B) exceed its long term liabilities ($7.1B).
Debt to Equity History and Analysis
Debt Level: WDC's net debt to equity ratio (49%) is considered high.
Reducing Debt: WDC's debt to equity ratio has reduced from 106.2% to 65.6% over the past 5 years.
Debt Coverage: WDC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WDC's interest payments on its debt are not well covered by EBIT (0.5x coverage).