Adient Balance Sheet Health
Financial Health criteria checks 4/6
Adient has a total shareholder equity of $2.4B and total debt of $2.6B, which brings its debt-to-equity ratio to 106.5%. Its total assets and total liabilities are $9.2B and $6.7B respectively. Adient's EBIT is $246.0M making its interest coverage ratio 1.5. It has cash and short-term investments of $947.0M.
Key information
106.5%
Debt to equity ratio
US$2.58b
Debt
Interest coverage ratio | 1.5x |
Cash | US$947.00m |
Equity | US$2.42b |
Total liabilities | US$6.74b |
Total assets | US$9.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 18I's short term assets ($4.2B) exceed its short term liabilities ($3.5B).
Long Term Liabilities: 18I's short term assets ($4.2B) exceed its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: 18I's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: 18I's debt to equity ratio has increased from 75.3% to 106.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 18I has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 18I is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.6% per year.