abrdn Balance Sheet Health
Financial Health criteria checks 6/6
abrdn has a total shareholder equity of £5.1B and total debt of £604.0M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are £8.2B and £3.1B respectively. abrdn's EBIT is £93.0M making its interest coverage ratio -1.9. It has cash and short-term investments of £1.4B.
Key information
11.7%
Debt to equity ratio
UK£604.00m
Debt
| Interest coverage ratio | -1.9x |
| Cash | UK£1.40b |
| Equity | UK£5.14b |
| Total liabilities | UK£3.09b |
| Total assets | UK£8.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T3V2's short term assets (£3.4B) exceed its short term liabilities (£15.0M).
Long Term Liabilities: T3V2's short term assets (£3.4B) exceed its long term liabilities (£3.1B).
Debt to Equity History and Analysis
Debt Level: T3V2 has more cash than its total debt.
Reducing Debt: T3V2's debt to equity ratio has reduced from 12.7% to 11.7% over the past 5 years.
Debt Coverage: T3V2's debt is well covered by operating cash flow (52%).
Interest Coverage: T3V2 earns more interest than it pays, so coverage of interest payments is not a concern.