To the full analysis
S&P Global stock: balance sheet and debt
SPGIS&P Global has a debt to equity ratio of 0.39 and an interest coverage of 22.7x.
Daily figure as of 13 Nov 2026
Debt / Equity
0.39
Interest coverage
22.7x
Current ratio
0.82
Cash & equivalents
$1.8B
Total assets
$61.2B
Equity ratio
59.1%
Goodwill
$36.48B
Plus intangible assets of $16.27B
Net debt
$12.4B
Total assets and equity ratio
How large the balance sheet of S&P Global Inc. is, how much of it is equity and how much is goodwill from acquisitions.
Equity ratio
Figures as a table
| Year | Total assets | Goodwill and intangible assets | of which goodwill | Equity ratio | Net debt |
|---|---|---|---|---|---|
| 2006 | $6.04B | $2.83B | $1.67B | 44.3% | −$350.82M |
| 2007 | $6.36B | $2.91B | $1.7B | 25.3% | $801.35M |
| 2008 | $6.08B | $2.29B | $1.7B | 21.1% | $795.96M |
| 2009 | $6.48B | $2.23B | $1.69B | 29.8% | −$36.72M |
| 2010 | $7.05B | $2.55B | $1.89B | 32.5% | −$349.79M |
| 2011 | $6.43B | $2.66B | $2.05B | 25.8% | $334M |
| 2012 | $7.05B | $2.52B | $1.44B | 23.4% | $495M |
| 2013 | $6.06B | $2.45B | $1.41B | 35.5% | −$761M |
| 2014 | $6.77B | $2.39B | $1.39B | 19.9% | −$1.71B |
| 2015 | $8.18B | $4.4B | $2.88B | 14.2% | $2.12B |
| 2016 | $8.67B | $4.46B | $2.95B | 20.5% | $1.16B |
| 2017 | $9.43B | $4.38B | $2.99B | 22.5% | $780M |
| 2018 | $9.46B | $5.06B | $3.54B | 24.4% | $1.73B |
| 2019 | $11.35B | $5B | $3.58B | 24.7% | $1.79B |
| 2020 | $12.54B | $5.09B | $3.74B | 26.7% | $637M |
| 2021 | $15.03B | $4.79B | $3.51B | 36.8% | −$1.81B |
| 2022 | $61.78B | $52.85B | $34.55B | 64.3% | $10.35B |
| 2023 | $60.59B | $52.25B | $34.85B | 62.9% | $10.68B |
| 2024 | $60.22B | $51.47B | $34.92B | 62.3% | $10.25B |
| 2025 | $61.2B | $52.75B | $36.48B | 59.1% | $12.4B |
The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.
Equity and debt
What the company owns and owes
- Cash & equivalents
- Equity
- Debt
Figures as a table
| Year | Cash & equivalents | Equity | Debt | Debt / Equity |
|---|---|---|---|---|
| 2006 | $353.5M | $2.68B | $2.68M | 0 |
| 2007 | $396.1M | $1.61B | $1.2B | 0.75 |
| 2008 | $471.67M | $1.28B | $1.27B | 0.99 |
| 2009 | $1.23B | $1.85B | $1.2B | 0.62 |
| 2010 | $1.55B | $2.21B | $1.2B | 0.52 |
| 2011 | $864M | $1.58B | $1.2B | 0.72 |
| 2012 | $761M | $840M | $1.26B | 0.76 |
| 2013 | $1.56B | $1.34B | $799M | 0.37 |
| 2014 | $2.5B | $539M | $795M | 0.59 |
| 2015 | $1.49B | $243M | $3.61B | 3.1 |
| 2016 | $2.4B | $701M | $3.56B | 2 |
| 2017 | $2.79B | $768M | $3.57B | 1.69 |
| 2018 | $1.94B | $628M | $3.66B | 1.59 |
| 2019 | $2.89B | $479M | $4.68B | 1.67 |
| 2020 | $4.12B | $509M | $4.75B | 1.42 |
| 2021 | $6.51B | $2.03B | $4.7B | 0.85 |
| 2022 | $1.3B | $36.48B | $11.65B | 0.29 |
| 2023 | $1.32B | $34.2B | $12B | 0.31 |
| 2024 | $1.69B | $33.16B | $11.93B | 0.32 |
| 2025 | $1.8B | $31.24B | $14.2B | 0.39 |
Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 21 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.