Adtran Networks Balance Sheet Health
Financial Health criteria checks 6/6
Adtran Networks has a total shareholder equity of €374.8M and total debt of €63.0M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are €627.0M and €252.2M respectively. Adtran Networks's EBIT is €47.1M making its interest coverage ratio 15.7. It has cash and short-term investments of €48.6M.
Key information
16.8%
Debt to equity ratio
€63.01m
Debt
| Interest coverage ratio | 15.7x |
| Cash | €48.60m |
| Equity | €374.77m |
| Total liabilities | €252.21m |
| Total assets | €626.98m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000498244's short term assets (€352.9M) exceed its short term liabilities (€207.9M).
Long Term Liabilities: 000498244's short term assets (€352.9M) exceed its long term liabilities (€44.3M).
Debt to Equity History and Analysis
Debt Level: 000498244's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: 000498244's debt to equity ratio has reduced from 41.3% to 16.8% over the past 5 years.
Debt Coverage: 000498244's debt is well covered by operating cash flow (67.2%).
Interest Coverage: 000498244's interest payments on its debt are well covered by EBIT (15.7x coverage).