Adient Balance Sheet Health
Financial Health criteria checks 4/6
Adient has a total shareholder equity of $2.7B and total debt of $2.5B, which brings its debt-to-equity ratio to 95.3%. Its total assets and total liabilities are $9.3B and $6.6B respectively. Adient's EBIT is $446.0M making its interest coverage ratio 2.7. It has cash and short-term investments of $990.0M.
Key information
95.3%
Debt to equity ratio
US$2.55b
Debt
Interest coverage ratio | 2.7x |
Cash | US$990.00m |
Equity | US$2.67b |
Total liabilities | US$6.62b |
Total assets | US$9.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 18I's short term assets ($4.1B) exceed its short term liabilities ($3.5B).
Long Term Liabilities: 18I's short term assets ($4.1B) exceed its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: 18I's net debt to equity ratio (58.2%) is considered high.
Reducing Debt: 18I's debt to equity ratio has reduced from 123.8% to 95.3% over the past 5 years.
Debt Coverage: 18I's debt is well covered by operating cash flow (26.1%).
Interest Coverage: 18I's interest payments on its debt are not well covered by EBIT (2.7x coverage).