Archer-Daniels-Midland Balance Sheet Health
Financial Health criteria checks 6/6
Archer-Daniels-Midland has a total shareholder equity of $24.5B and total debt of $8.4B, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are $54.6B and $30.2B respectively. Archer-Daniels-Midland's EBIT is $4.0B making its interest coverage ratio 17.9. It has cash and short-term investments of $1.4B.
Key information
34.2%
Debt to equity ratio
US$8.37b
Debt
Interest coverage ratio | 17.9x |
Cash | US$1.37b |
Equity | US$24.47b |
Total liabilities | US$30.17b |
Total assets | US$54.63b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADM's short term assets ($29.8B) exceed its short term liabilities ($18.7B).
Long Term Liabilities: ADM's short term assets ($29.8B) exceed its long term liabilities ($11.5B).
Debt to Equity History and Analysis
Debt Level: ADM's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: ADM's debt to equity ratio has reduced from 44.1% to 34.2% over the past 5 years.
Debt Coverage: ADM's debt is well covered by operating cash flow (53.3%).
Interest Coverage: ADM's interest payments on its debt are well covered by EBIT (17.9x coverage).