Pure Storage, Inc.

NYSE:PSTG Stock Report

Market Cap: US$19.9b

Pure Storage Balance Sheet Health

Financial Health criteria checks 6/6

Pure Storage has a total shareholder equity of $1.4B and total debt of $100.0M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are $3.6B and $2.2B respectively. Pure Storage's EBIT is $133.1M making its interest coverage ratio -2.8. It has cash and short-term investments of $1.7B.

Key information

7.3%

Debt to equity ratio

US$100.00m

Debt

Interest coverage ratio	-2.8x
Cash	US$1.72b
Equity	US$1.37b
Total liabilities	US$2.25b
Total assets	US$3.62b

Recent financial health updates

These 4 Measures Indicate That Pure Storage (NYSE:PSTG) Is Using Debt Safely

Does Pure Storage (NYSE:PSTG) Have A Healthy Balance Sheet?

We Think Pure Storage (NYSE:PSTG) Can Stay On Top Of Its Debt

Pure Storage (NYSE:PSTG) Seems To Use Debt Rather Sparingly

These 4 Measures Indicate That Pure Storage (NYSE:PSTG) Is Using Debt Safely

Recent updates

Pure Storage, Inc. (NYSE:PSTG) Shares Could Be 36% Below Their Intrinsic Value Estimate

Pure Storage: Market Share Gains And AI Opportunities Make This A Substantial Opportunity

Pure Storage: Cash Heavy, But Future Uncertain, I'm Neutral (Downgrade)

Is Now The Time To Put Pure Storage (NYSE:PSTG) On Your Watchlist?

Pure Storage, Inc. (NYSE:PSTG) Looks Just Right With A 26% Price Jump

Pure Storage: Strike While The Iron Is Hot

Is It Too Late To Consider Buying Pure Storage, Inc. (NYSE:PSTG)?

These 4 Measures Indicate That Pure Storage (NYSE:PSTG) Is Using Debt Safely

Pure Storage: Optimistic On The Growth Runway Ahead

Are Investors Undervaluing Pure Storage, Inc. (NYSE:PSTG) By 24%?

Investors Appear Satisfied With Pure Storage, Inc.'s (NYSE:PSTG) Prospects As Shares Rocket 30%

Pure Storage: Finally Getting Its Moment In The Sun

Pure Storage (NYSE:PSTG) Is Looking To Continue Growing Its Returns On Capital

Is Now An Opportune Moment To Examine Pure Storage, Inc. (NYSE:PSTG)?

Does Pure Storage (NYSE:PSTG) Have A Healthy Balance Sheet?

Pure Storage's Financial Strength: 10% Net Cash Position

Pure Storage, Inc.'s (NYSE:PSTG) P/S Is On The Mark

Pure Storage: Subscription Wins Will Drive Further Gains

Investors Will Want Pure Storage's (NYSE:PSTG) Growth In ROCE To Persist

Pure Storage: Data-Driven Growth With Long Runway

We Think Pure Storage (NYSE:PSTG) Can Stay On Top Of Its Debt

Pure Storage: Storing Value In Data Innovation, 18x FCF

Pure Storage: ARR Gains Will Pave The Way For Further Stock Appreciation

Pure Storage: Building Momentum And Partnerships Ahead Of Q2 2024 Financial Results

There's Been No Shortage Of Growth Recently For Pure Storage's (NYSE:PSTG) Returns On Capital

Is It Time To Consider Buying Pure Storage, Inc. (NYSE:PSTG)?

Pure Storage: Flash Innovation Is Driving Momentum

Pure Storage: Product Innovation Driving Growth With Profitability And Market Share Gains

Pure Storage (NYSE:PSTG) Seems To Use Debt Rather Sparingly

Returns Are Gaining Momentum At Pure Storage (NYSE:PSTG)

Is Pure Storage, Inc. (NYSE:PSTG) Trading At A 33% Discount?

When Should You Buy Pure Storage, Inc. (NYSE:PSTG)?

These 4 Measures Indicate That Pure Storage (NYSE:PSTG) Is Using Debt Safely

Pure Storage: Growing Cashflow, Aggressive Buybacks A Perfect Mix For FY 2023

The Return Trends At Pure Storage (NYSE:PSTG) Look Promising

Financial Position Analysis

Short Term Liabilities: PSTG's short term assets ($2.4B) exceed its short term liabilities ($1.2B).

Long Term Liabilities: PSTG's short term assets ($2.4B) exceed its long term liabilities ($1.0B).

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 61.4% to 7.3% over the past 5 years.

Debt Coverage: PSTG's debt is well covered by operating cash flow (726%).

Interest Coverage: PSTG earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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