Adtran Networks Balance Sheet Health
Financial Health criteria checks 5/6
Adtran Networks has a total shareholder equity of €380.1M and total debt of €86.3M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are €682.7M and €302.6M respectively. Adtran Networks's EBIT is €7.6M making its interest coverage ratio 2.3. It has cash and short-term investments of €41.5M.
Key information
22.7%
Debt to equity ratio
€86.29m
Debt
| Interest coverage ratio | 2.3x |
| Cash | €41.48m |
| Equity | €380.12m |
| Total liabilities | €302.58m |
| Total assets | €682.70m |
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
This Analyst Just Downgraded Their Adtran Networks SE (ETR:ADV) EPS Forecasts
Aug 09Why 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 (€346.1M) exceed its short term liabilities (€147.8M).
Long Term Liabilities: ADV's short term assets (€346.1M) exceed its long term liabilities (€154.8M).
Debt to Equity History and Analysis
Debt Level: ADV's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: ADV's debt to equity ratio has reduced from 32.3% to 22.7% over the past 5 years.
Debt Coverage: ADV's debt is well covered by operating cash flow (60.4%).
Interest Coverage: ADV's interest payments on its debt are not well covered by EBIT (2.3x coverage).