How much debt does Coupang have?
According to Coupang's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Coupang's total debt stands at $3.24B. This is broken down into:
- Long-term debt: $2.76B
- Short-term debt: $545.00M
The company's net debt, which accounts for cash and cash equivalents, is $-2.64B. In terms of overall financial obligations, Coupang's total liabilities amount to $11.17B.
Debt Ratios and Metrics
To better understand Coupang's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.79 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 21.10% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 3.11 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 40.20% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 44.11% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Coupang'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.
Total Debt
$3.24B
Long-term Debt
$2.76B
Short-term Debt
$545.00M
Net Debt
$-2.64B
Total Liabilities
$11.17B
Interest Coverage
3.11
Debt to Equity Ratio
0.79
Debt Ratio
21.10%
Coupang Historical Debt Metrics
Coupang Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $3.24B | $2.76B | $545.00M | $-2.64B | $11.17B | 0.79 | 21.10% | 3.11 | 40.20% | 44.11% |
| 2023 | $2.79B | $1.92B | $871.00M | $-2.46B | $9.24B | 0.68 | 20.88% | 9.85 | 11.46% | 40.53% |
| 2022 | $2.40B | $1.77B | $501.40M | $-1.11B | $7.10B | 0.99 | 25.25% | -2.43 | 18.23% | 49.87% |
| 2021 | $2.12B | $1.48B | $923.66M | $-1.37B | $6.47B | 0.97 | 24.54% | -32.94 | 11.52% | 49.36% |
| 2020 | $2.24B | $1.80B | $431.45M | $990.22M | $9.14B | -0.55 | 44.24% | -4.90 | -30.18% | -122.68% |
| 2019 | $1.28B | $1.16B | $111.53M | $54.16M | $6.76B | -0.36 | 39.52% | -6.62 | -27.81% | -56.57% |
| 2018 | $932.32M | $688.45M | $243.88M | $320.82M | $2.40B | -1.24 | 56.43% | -14.83 | -1072.93% | 518.79% |
Related Metrics
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