adesso Balance Sheet Health
Financial Health criteria checks 4/6
adesso has a total shareholder equity of €207.8M and total debt of €149.1M, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are €786.0M and €578.2M respectively. adesso's EBIT is €20.6M making its interest coverage ratio 2.3. It has cash and short-term investments of €100.8M.
Key information
71.8%
Debt to equity ratio
€149.14m
Debt
Interest coverage ratio | 2.3x |
Cash | €100.82m |
Equity | €207.78m |
Total liabilities | €578.21m |
Total assets | €785.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADN1's short term assets (€389.9M) exceed its short term liabilities (€286.9M).
Long Term Liabilities: ADN1's short term assets (€389.9M) exceed its long term liabilities (€291.3M).
Debt to Equity History and Analysis
Debt Level: ADN1's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: ADN1's debt to equity ratio has increased from 58.6% to 71.8% over the past 5 years.
Debt Coverage: ADN1's debt is well covered by operating cash flow (51.5%).
Interest Coverage: ADN1's interest payments on its debt are not well covered by EBIT (2.3x coverage).