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
ADENTRA (TSE:ADEN) Is Increasing Its Dividend To $0.15
Nov 19
Is 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).