ADENTRA Balance Sheet Health
Financial Health criteria checks 3/6
ADENTRA has a total shareholder equity of $629.2M and total debt of $409.9M, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are $1.4B and $787.4M respectively. ADENTRA's EBIT is $101.4M making its interest coverage ratio 2.3. It has cash and short-term investments of $20.7M.
Key information
65.1%
Debt to equity ratio
US$409.88m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$20.67m |
| Equity | US$629.16m |
| Total liabilities | US$787.38m |
| Total assets | US$1.42b |
Recent financial health updates
Recent updates
Some Investors May Be Worried About ADENTRA's (TSE:ADEN) Returns On Capital
Dec 20
ADENTRA (TSE:ADEN) Strong Profits May Be Masking Some Underlying Issues
Nov 22ADENTRA (TSE:ADEN) Is Increasing Its Dividend To $0.15
Nov 19Is It Time To Consider Buying ADENTRA Inc. (TSE:ADEN)?
Jul 18ADENTRA (TSE:ADEN) Will Pay A Dividend Of $0.14
May 14Some Investors May Be Willing To Look Past ADENTRA's (TSE:ADEN) Soft Earnings
Mar 25ADENTRA (TSE:ADEN) Will Pay A Dividend Of $0.14
Mar 22ADENTRA's (TSE:ADEN) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 13ADENTRA (TSE:ADEN) Has Announced That It Will Be Increasing Its Dividend To $0.13
Jul 11Is Now The Time To Look At Buying ADENTRA Inc. (TSE:ADEN)?
Jul 01ADENTRA's (TSE:ADEN) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 01ADENTRA's (TSE:ADEN) Shareholders Will Receive A Bigger Dividend Than Last Year
May 18ADENTRA (TSE:ADEN) Has Announced That It Will Be Increasing Its Dividend To $0.13
Apr 05ADENTRA's (TSE:ADEN) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 17Does ADENTRA (TSE:ADEN) Deserve A Spot On Your Watchlist?
Dec 13Hardwoods Distribution's (TSE:HDI) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 13Hardwoods Distribution (TSE:HDI) Has A Somewhat Strained Balance Sheet
Sep 27Should You Be Adding Hardwoods Distribution (TSE:HDI) To Your Watchlist Today?
Aug 23What Does Hardwoods Distribution Inc.'s (TSE:HDI) Share Price Indicate?
Jul 26Financial Position Analysis
Short Term Liabilities: ADEN's short term assets ($648.9M) exceed its short term liabilities ($303.2M).
Long Term Liabilities: ADEN's short term assets ($648.9M) exceed its long term liabilities ($484.2M).
Debt to Equity History and Analysis
Debt Level: ADEN's net debt to equity ratio (61.9%) is considered high.
Reducing Debt: ADEN's debt to equity ratio has increased from 31.8% to 65.1% over the past 5 years.
Debt Coverage: ADEN's debt is well covered by operating cash flow (37.9%).
Interest Coverage: ADEN's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:07 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ADENTRA Inc. is covered by 15 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nick Corcoran | Acumen Capital Finance Partners Limited |
| Yuri Lynk | Canaccord Genuity |
| Yurisleidy Zoreda | Canaccord Genuity |