Adeia Balance Sheet Health
Financial Health criteria checks 2/6
Adeia has a total shareholder equity of $350.0M and total debt of $546.3M, which brings its debt-to-equity ratio to 156.1%. Its total assets and total liabilities are $1.1B and $729.4M respectively. Adeia's EBIT is $110.1M making its interest coverage ratio 1.8. It has cash and short-term investments of $89.0M.
Key information
156.1%
Debt to equity ratio
US$546.33m
Debt
Interest coverage ratio | 1.8x |
Cash | US$88.99m |
Equity | US$349.95m |
Total liabilities | US$729.39m |
Total assets | US$1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M2A's short term assets ($206.1M) exceed its short term liabilities ($92.6M).
Long Term Liabilities: 0M2A's short term assets ($206.1M) do not cover its long term liabilities ($636.8M).
Debt to Equity History and Analysis
Debt Level: 0M2A's net debt to equity ratio (130.7%) is considered high.
Reducing Debt: 0M2A's debt to equity ratio has increased from 73.6% to 156.1% over the past 5 years.
Debt Coverage: 0M2A's debt is well covered by operating cash flow (28.7%).
Interest Coverage: 0M2A's interest payments on its debt are not well covered by EBIT (1.8x coverage).