Pure Storage Balance Sheet Health
Financial Health criteria checks 6/6
Pure Storage has a total shareholder equity of $1.3B and total debt of $100.0M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are $4.0B and $2.7B respectively. Pure Storage's EBIT is $101.2M making its interest coverage ratio -1.5. It has cash and short-term investments of $1.5B.
Key information
7.7%
Debt to equity ratio
US$100.00m
Debt
| Interest coverage ratio | -1.5x |
| Cash | US$1.52b |
| Equity | US$1.31b |
| Total liabilities | US$2.66b |
| Total assets | US$3.96b |
Recent financial health updates
Pure Storage (NYSE:PSTG) Seems To Use Debt Rather Sparingly
Aug 07
These 4 Measures Indicate That Pure Storage (NYSE:PSTG) Is Using Debt Safely
Apr 30Recent updates
Pure Storage, Inc. (NYSE:PSTG) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless
Mar 07Seizing Opportunities: Why Pure Storage Is An Intelligent Buy For 2025 And Beyond
Mar 05Investors Will Want Pure Storage's (NYSE:PSTG) Growth In ROCE To Persist
Feb 18We Ran A Stock Scan For Earnings Growth And Pure Storage (NYSE:PSTG) Passed With Ease
Jan 19Pure Storage: Seeing Upside Into Fiscal 2026 Guidance
Jan 18Pure Storage: Well Positioned To Win Deals In An Expanded TAM
Jan 10Pure Storage, Inc.'s (NYSE:PSTG) P/S Is Still On The Mark Following 29% Share Price Bounce
Dec 21Flash Forward: Investing In Pure Storage After Its Strategic Hyperscaler Breakthrough
Dec 15Pure Storage Earnings: Hyperscaler Deal Isn't Enough For 36x Forward FCF
Dec 04Returns Are Gaining Momentum At Pure Storage (NYSE:PSTG)
Nov 01Pure Storage, Inc.'s (NYSE:PSTG) Share Price Matching Investor Opinion
Oct 06Pure Storage Is A Trailblazing Storage Vendor, And Its Stock Valuation Reflects That
Oct 06Pure Storage's Stock: Evaluating The Buy Opportunity's Post-Earnings Dip
Sep 25Pure Storage: The Dip Provides A Better Entry Point
Sep 18
Fusion AI And Green Tech Propel Storage Giant Towards Market Leadership
Aug 29 Pure Storage's focus on AI and collaboration with NVIDIA, along with innovative storage solutions, positions it for market share growth in high-margin areas.Pure Storage (NYSE:PSTG) Seems To Use Debt Rather Sparingly
Aug 07Pure Storage, Inc. (NYSE:PSTG) Shares Could Be 36% Below Their Intrinsic Value Estimate
Jul 25Pure Storage: Market Share Gains And AI Opportunities Make This A Substantial Opportunity
Jul 12Pure Storage: Cash Heavy, But Future Uncertain, I'm Neutral (Downgrade)
Jul 02Is Now The Time To Put Pure Storage (NYSE:PSTG) On Your Watchlist?
Jun 12Pure Storage, Inc. (NYSE:PSTG) Looks Just Right With A 26% Price Jump
May 31Pure Storage: Strike While The Iron Is Hot
May 30Is It Too Late To Consider Buying Pure Storage, Inc. (NYSE:PSTG)?
May 12These 4 Measures Indicate That Pure Storage (NYSE:PSTG) Is Using Debt Safely
Apr 30Pure Storage: Optimistic On The Growth Runway Ahead
Apr 11Pure Storage: Finally Getting Its Moment In The Sun
Mar 04Pure Storage's Financial Strength: 10% Net Cash Position
Jan 26Pure Storage: Subscription Wins Will Drive Further Gains
Dec 17Financial Position Analysis
Short Term Liabilities: PSTG's short term assets ($2.6B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: PSTG's short term assets ($2.6B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: PSTG has more cash than its total debt.
Reducing Debt: PSTG's debt to equity ratio has reduced from 57.5% to 7.7% over the past 5 years.
Debt Coverage: PSTG's debt is well covered by operating cash flow (753.6%).
Interest Coverage: PSTG earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/22 05:36 |
| End of Day Share Price | 2025/04/22 00:00 |
| Earnings | 2025/02/02 |
| Annual Earnings | 2025/02/02 |
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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Pure Storage, Inc. is covered by 39 analysts. 20 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 |
|---|---|
| Jayson Noland | Baird |
| Timothy Long | Barclays |
| Timothy Long | BMO Capital Markets Equity Research |