SoFi Technologies (SOFI) Balance Sheet & Financial Health Metrics - Simply Wall St (2024)

Table of Contents
Financial Health criteria checks 4/6 Key information Recent financial health updates Recent updates SoFi Technologies: Buy To Profit From The Short-Sellers SoFi Technologies: A Good Buy For Long-Term Investors SoFi By The Numbers - Watch The Small Print Why SoFi Technologies Stock Is Not Expensive Today SoFi Technologies: Poised For Long-Term Profitability SoFi Technologies' Growing Profitability Makes It A Buy On The Q4 Pullback SoFi Keeps Growing, But A Big Question Mark Remains SoFi Will Likely Beat On Revenue And EPS In Q4 2023 And FY2024 SoFi: Why I Am No Longer Short Buy SoFi Before Earnings: Surprise Is Expected SoFi: SBC Isn't A Threat SoFi Technologies: Too Much Pessimism At These Levels Is Good For Buyers SoFi: Not A Bank Problem SoFi: I Just Doubled My Investment, Here's Why Is SoFi Stock A Buy After Student Loan Forgiveness Announcement? SoFi: Gap Closed, SoftBank Out, Load Up SoftBank takes stakes in Nu Holdings, EQRX, SPACs SoFi Technologies stock dips after SoftBank starts selling off SoFi shares SoFi Technologies GAAP EPS of -$0.12 beats by $0.01, revenue of $356.09M beats by $11.62M, raises FY22 revenue guidance How Firm Is SoFi's Financial Foundation? SoFi: Brutal Market Has SoFi's Stock Price Bottomed Or Will It Drop Further? SoFi: Let It Collapse SoFi: Reclaiming Our Bullish Bias SoFi: CEO Buying, Encouraging CFO Commentary, And A Possible Reverse Split SoFi: Major Insider Buying And The Big Banks Are Buying Also Per 13F Filings Financial Position Analysis Debt to Equity History and Analysis Balance Sheet Cash Runway Analysis Discover healthy companies

Financial Health criteria checks 4/6

SoFi Technologies has a total shareholder equity of $5.6B and total debt of $5.2B, which brings its debt-to-equity ratio to 94.4%. Its total assets and total liabilities are $30.1B and $24.5B respectively.

Key information

94.4%

Debt to equity ratio

US$5.25b

Debt

Interest coverage ration/a
CashUS$3.09b
EquityUS$5.55b
Total liabilitiesUS$24.52b
Total assetsUS$30.07b

Recent financial health updates

No updates

Recent updates

SoFi Technologies: Buy To Profit From The Short-Sellers

Mar 28

SoFi Technologies: A Good Buy For Long-Term Investors

Mar 22

SoFi By The Numbers - Watch The Small Print

Mar 12

Why SoFi Technologies Stock Is Not Expensive Today

Feb 29

SoFi Technologies: Poised For Long-Term Profitability

Feb 20

SoFi Technologies' Growing Profitability Makes It A Buy On The Q4 Pullback

Feb 05

SoFi Keeps Growing, But A Big Question Mark Remains

Jan 29

SoFi Will Likely Beat On Revenue And EPS In Q4 2023 And FY2024

Jan 22

SoFi: Why I Am No Longer Short

Jan 11

Buy SoFi Before Earnings: Surprise Is Expected

Oct 19

SoFi: SBC Isn't A Threat

Oct 11

SoFi: Not A Bank Problem

Sep 27

SoFi: I Just Doubled My Investment, Here's Why

Sep 15

Is SoFi Stock A Buy After Student Loan Forgiveness Announcement?

Sep 06

SoFi: Gap Closed, SoftBank Out, Load Up

Aug 23

SoftBank takes stakes in Nu Holdings, EQRX, SPACs

Aug 15

SoFi Technologies stock dips after SoftBank starts selling off SoFi shares

Aug 08

SoFi Technologies GAAP EPS of -$0.12 beats by $0.01, revenue of $356.09M beats by $11.62M, raises FY22 revenue guidance

Aug 02

How Firm Is SoFi's Financial Foundation?

Jul 27

SoFi: Brutal Market

Jul 18

Has SoFi's Stock Price Bottomed Or Will It Drop Further?

Jul 07

SoFi: Let It Collapse

Jun 28

SoFi: Reclaiming Our Bullish Bias

Jun 21

SoFi: CEO Buying, Encouraging CFO Commentary, And A Possible Reverse Split

Jun 13

SoFi: Major Insider Buying And The Big Banks Are Buying Also Per 13F Filings

May 27

Financial Position Analysis

Short Term Liabilities: SOFI's short term assets ($27.0B) exceed its short term liabilities ($19.1B).

Long Term Liabilities: SOFI's short term assets ($27.0B) exceed its long term liabilities ($5.4B).

Debt to Equity History and Analysis

Debt Level: SOFI's net debt to equity ratio (38.8%) is considered satisfactory.

Reducing Debt: SOFI's debt to equity ratio has reduced from 364.8% to 94.4% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SOFI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SOFI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

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SoFi Technologies (SOFI)  Balance Sheet & Financial Health Metrics  - Simply Wall St (2024)
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