Analog Devices Balance Sheet Health
Financial Health criteria checks 5/6
Analog Devices has a total shareholder equity of $35.2B and total debt of $8.1B, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are $48.6B and $13.4B respectively. Analog Devices's EBIT is $2.2B making its interest coverage ratio 8.9. It has cash and short-term investments of $2.5B.
Key information
23.1%
Debt to equity ratio
US$8.12b
Debt
| Interest coverage ratio | 8.9x |
| Cash | US$2.55b |
| Equity | US$35.19b |
| Total liabilities | US$13.43b |
| Total assets | US$48.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A1DI34's short term assets ($5.4B) exceed its short term liabilities ($3.2B).
Long Term Liabilities: A1DI34's short term assets ($5.4B) do not cover its long term liabilities ($10.2B).
Debt to Equity History and Analysis
Debt Level: A1DI34's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: A1DI34's debt to equity ratio has reduced from 49.3% to 23.1% over the past 5 years.
Debt Coverage: A1DI34's debt is well covered by operating cash flow (49.1%).
Interest Coverage: A1DI34's interest payments on its debt are well covered by EBIT (8.9x coverage).