Adecco Group Balance Sheet Health
Financial Health criteria checks 3/6
Adecco Group has a total shareholder equity of €3.7B and total debt of €3.1B, which brings its debt-to-equity ratio to 83.6%. Its total assets and total liabilities are €12.3B and €8.6B respectively. Adecco Group's EBIT is €735.0M making its interest coverage ratio 12. It has cash and short-term investments of €441.0M.
Key information
83.6%
Debt to equity ratio
€3.10b
Debt
Interest coverage ratio | 12x |
Cash | €441.00m |
Equity | €3.71b |
Total liabilities | €8.58b |
Total assets | €12.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADIA's short term assets (€5.4B) exceed its short term liabilities (€5.0B).
Long Term Liabilities: ADIA's short term assets (€5.4B) exceed its long term liabilities (€3.6B).
Debt to Equity History and Analysis
Debt Level: ADIA's net debt to equity ratio (71.7%) is considered high.
Reducing Debt: ADIA's debt to equity ratio has increased from 47.8% to 83.6% over the past 5 years.
Debt Coverage: ADIA's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: ADIA's interest payments on its debt are well covered by EBIT (12x coverage).