Analog Devices Balance Sheet Health
Financial Health criteria checks 5/6
Analog Devices has a total shareholder equity of $35.5B and total debt of $7.0B, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are $48.4B and $12.8B respectively. Analog Devices's EBIT is $3.5B making its interest coverage ratio 14.3. It has cash and short-term investments of $1.3B.
Key information
19.8%
Debt to equity ratio
US$7.03b
Debt
Interest coverage ratio | 14.3x |
Cash | US$1.30b |
Equity | US$35.55b |
Total liabilities | US$12.84b |
Total assets | US$48.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANL's short term assets ($4.4B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: ANL's short term assets ($4.4B) do not cover its long term liabilities ($9.9B).
Debt to Equity History and Analysis
Debt Level: ANL's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: ANL's debt to equity ratio has reduced from 54.1% to 19.8% over the past 5 years.
Debt Coverage: ANL's debt is well covered by operating cash flow (64.7%).
Interest Coverage: ANL's interest payments on its debt are well covered by EBIT (14.3x coverage).