Adobe Balance Sheet Health
Financial Health criteria checks 6/6
Adobe has a total shareholder equity of $14.5B and total debt of $5.6B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are $29.8B and $15.3B respectively. Adobe's EBIT is $7.5B making its interest coverage ratio -61.7. It has cash and short-term investments of $7.5B.
Key information
38.7%
Debt to equity ratio
US$5.63b
Debt
| Interest coverage ratio | -61.7x |
| Cash | US$7.52b |
| Equity | US$14.55b |
| Total liabilities | US$15.29b |
| Total assets | US$29.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADB0's short term assets ($10.7B) exceed its short term liabilities ($9.6B).
Long Term Liabilities: ADB0's short term assets ($10.7B) exceed its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: ADB0 has more cash than its total debt.
Reducing Debt: ADB0's debt to equity ratio has reduced from 40.4% to 38.7% over the past 5 years.
Debt Coverage: ADB0's debt is well covered by operating cash flow (119.6%).
Interest Coverage: ADB0 earns more interest than it pays, so coverage of interest payments is not a concern.