Autodesk Balance Sheet Health
Financial Health criteria checks 4/6
Autodesk has a total shareholder equity of $1.9B and total debt of $2.3B, which brings its debt-to-equity ratio to 123.1%. Its total assets and total liabilities are $9.9B and $8.1B respectively. Autodesk's EBIT is $1.1B making its interest coverage ratio -141. It has cash and short-term investments of $2.2B.
Key information
123.1%
Debt to equity ratio
US$2.28b
Debt
Interest coverage ratio | -141x |
Cash | US$2.25b |
Equity | US$1.86b |
Total liabilities | US$8.06b |
Total assets | US$9.91b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADSK's short term assets ($3.6B) do not cover its short term liabilities ($4.4B).
Long Term Liabilities: ADSK's short term assets ($3.6B) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: ADSK's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: ADSK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ADSK's debt is well covered by operating cash flow (57.5%).
Interest Coverage: ADSK earns more interest than it pays, so coverage of interest payments is not a concern.