adesso Balance Sheet Health
Financial Health criteria checks 2/6
adesso has a total shareholder equity of €209.2M and total debt of €177.7M, which brings its debt-to-equity ratio to 84.9%. Its total assets and total liabilities are €779.4M and €570.2M respectively. adesso's EBIT is €19.4M making its interest coverage ratio 2.9. It has cash and short-term investments of €44.1M.
Key information
84.9%
Debt to equity ratio
€177.68m
Debt
Interest coverage ratio | 2.9x |
Cash | €44.07m |
Equity | €209.18m |
Total liabilities | €570.18m |
Total assets | €779.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADN1D's short term assets (€391.0M) exceed its short term liabilities (€376.2M).
Long Term Liabilities: ADN1D's short term assets (€391.0M) exceed its long term liabilities (€194.0M).
Debt to Equity History and Analysis
Debt Level: ADN1D's net debt to equity ratio (63.9%) is considered high.
Reducing Debt: ADN1D's debt to equity ratio has increased from 58.6% to 84.9% over the past 5 years.
Debt Coverage: ADN1D's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: ADN1D's interest payments on its debt are not well covered by EBIT (2.9x coverage).