adesso Balance Sheet Health
Financial Health criteria checks 3/6
adesso has a total shareholder equity of €192.8M and total debt of €167.6M, which brings its debt-to-equity ratio to 86.9%. Its total assets and total liabilities are €798.0M and €605.2M respectively. adesso's EBIT is €17.9M making its interest coverage ratio 1.6. It has cash and short-term investments of €55.1M.
Key information
86.9%
Debt to equity ratio
€167.56m
Debt
| Interest coverage ratio | 1.6x |
| Cash | €55.11m |
| Equity | €192.81m |
| Total liabilities | €605.17m |
| Total assets | €797.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADN1's short term assets (€383.3M) exceed its short term liabilities (€309.5M).
Long Term Liabilities: ADN1's short term assets (€383.3M) exceed its long term liabilities (€295.7M).
Debt to Equity History and Analysis
Debt Level: ADN1's net debt to equity ratio (58.3%) is considered high.
Reducing Debt: ADN1's debt to equity ratio has increased from 78.9% to 86.9% over the past 5 years.
Debt Coverage: ADN1's debt is well covered by operating cash flow (77%).
Interest Coverage: ADN1's interest payments on its debt are not well covered by EBIT (1.6x coverage).