Adtran Networks Balance Sheet Health
Financial Health criteria checks 6/6
Adtran Networks has a total shareholder equity of €378.0M and total debt of €13.3M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are €657.8M and €279.8M respectively. Adtran Networks's EBIT is €31.3M making its interest coverage ratio 9.5. It has cash and short-term investments of €30.6M.
Key information
3.5%
Debt to equity ratio
€13.29m
Debt
| Interest coverage ratio | 9.5x |
| Cash | €30.55m |
| Equity | €377.99m |
| Total liabilities | €279.83m |
| Total assets | €657.82m |
Recent financial health updates
Is ADVA Optical Networking (ETR:ADV) Using Too Much Debt?
Mar 30
Does ADVA Optical Networking (ETR:ADV) Have A Healthy Balance Sheet?
Dec 10
Recent updates
Why ADVA Optical Networking SE (ETR:ADV) Could Be Worth Watching
Aug 30An Intrinsic Calculation For ADVA Optical Networking SE (ETR:ADV) Suggests It's 33% Undervalued
May 30It Looks Like Shareholders Would Probably Approve ADVA Optical Networking SE's (ETR:ADV) CEO Compensation Package
May 13Is There Now An Opportunity In ADVA Optical Networking SE (ETR:ADV)?
May 01Here's Why I Think ADVA Optical Networking (ETR:ADV) Is An Interesting Stock
Apr 13Is ADVA Optical Networking (ETR:ADV) Using Too Much Debt?
Mar 30ADVA Optical Networking SE (ETR:ADV) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Mar 16Our View On ADVA Optical Networking's (ETR:ADV) CEO Pay
Feb 28A Look At The Fair Value Of ADVA Optical Networking SE (ETR:ADV)
Feb 15Is ADVA Optical Networking SE (ETR:ADV) Popular Amongst Institutions?
Feb 03Does ADVA Optical Networking's (ETR:ADV) Share Price Gain of 21% Match Its Business Performance?
Jan 18We Think ADVA Optical Networking's (ETR:ADV) Statutory Profit Might Understate Its Earnings Potential
Jan 05At €6.88, Is ADVA Optical Networking SE (ETR:ADV) Worth Looking At Closely?
Dec 23Does ADVA Optical Networking (ETR:ADV) Have A Healthy Balance Sheet?
Dec 10ADVA Optical Networking SE's (ETR:ADV) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Nov 29Financial Position Analysis
Short Term Liabilities: ADV's short term assets (€357.9M) exceed its short term liabilities (€145.5M).
Long Term Liabilities: ADV's short term assets (€357.9M) exceed its long term liabilities (€134.3M).
Debt to Equity History and Analysis
Debt Level: ADV has more cash than its total debt.
Reducing Debt: ADV's debt to equity ratio has reduced from 36.6% to 3.5% over the past 5 years.
Debt Coverage: ADV's debt is well covered by operating cash flow (283%).
Interest Coverage: ADV's interest payments on its debt are well covered by EBIT (9.5x coverage).