ADVA Optical Networking has a total shareholder equity of €347.9M and total debt of €47.8M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are €590.2M and €242.4M respectively. ADVA Optical Networking's EBIT is €43.4M making its interest coverage ratio 25.5. It has cash and short-term investments of €73.0M.
Key information
13.7%
Debt to equity ratio
€47.83m
Debt
Interest coverage ratio
25.5x
Cash
€73.00m
Equity
€347.87m
Total liabilities
€242.38m
Total assets
€590.25m
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADVV's short term assets (€317.3M) exceed its short term liabilities (€175.2M).
Long Term Liabilities: ADVV's short term assets (€317.3M) exceed its long term liabilities (€67.2M).
Debt to Equity History and Analysis
Debt Level: ADVV has more cash than its total debt.
Reducing Debt: ADVV's debt to equity ratio has reduced from 22.3% to 13.7% over the past 5 years.
Debt Coverage: ADVV's debt is well covered by operating cash flow (173.7%).
Interest Coverage: ADVV's interest payments on its debt are well covered by EBIT (25.5x coverage).