Adnams Balance Sheet Health
Financial Health criteria checks 1/6
Adnams has a total shareholder equity of £24.1M and total debt of £10.2M, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are £51.3M and £27.2M respectively.
Key information
42.3%
Debt to equity ratio
UK£10.19m
Debt
Interest coverage ratio | n/a |
Cash | -UK£757.00k |
Equity | UK£24.06m |
Total liabilities | UK£27.19m |
Total assets | UK£51.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADB's short term assets (£15.0M) do not cover its short term liabilities (£17.4M).
Long Term Liabilities: ADB's short term assets (£15.0M) exceed its long term liabilities (£9.8M).
Debt to Equity History and Analysis
Debt Level: ADB's net debt to equity ratio (45.5%) is considered high.
Reducing Debt: ADB's debt to equity ratio has increased from 37.5% to 42.3% over the past 5 years.
Debt Coverage: ADB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ADB's interest payments on its debt are well covered by EBIT.