How much debt does Coinbase Global have?

According to Coinbase Global's latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

Coinbase Global's total debt stands at $4.53B. This is broken down into:

• Long-term debt: $4.23B
• Short-term debt: $300.11M

The company's net debt, which accounts for cash and cash equivalents, is $-4.05B. In terms of overall financial obligations, Coinbase Global's total liabilities amount to $12.27B.

Debt Ratios and Metrics

To better understand Coinbase Global's debt position, we can look at several key ratios:

• Debt to Equity Ratio: 0.44 - this indicates the proportion of equity and debt the company uses to finance its assets.
• Debt Ratio: 20.11% - this shows the proportion of a company's assets that are financed through debt.
• Interest Coverage Ratio: 28.61 - this measures how easily a company can pay interest on its outstanding debt.
• Long-term Debt to Capitalization: 29.18% - this shows the proportion of long-term debt in the company's capital structure.
• Total Debt to Capitalization: 30.61% - this indicates the total debt in the company's capital structure.

These metrics provide insight into Coinbase Global's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.