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
Recent updates
Financial 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).