Adeia Balance Sheet Health
Financial Health criteria checks 2/6
Adeia has a total shareholder equity of $378.2M and total debt of $524.4M, which brings its debt-to-equity ratio to 138.7%. Its total assets and total liabilities are $1.1B and $705.0M respectively. Adeia's EBIT is $106.4M making its interest coverage ratio 1.9. It has cash and short-term investments of $89.2M.
Key information
138.7%
Debt to equity ratio
US$524.42m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$89.18m |
| Equity | US$378.22m |
| Total liabilities | US$704.95m |
| Total assets | US$1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M2A's short term assets ($244.7M) exceed its short term liabilities ($71.5M).
Long Term Liabilities: 0M2A's short term assets ($244.7M) do not cover its long term liabilities ($633.5M).
Debt to Equity History and Analysis
Debt Level: 0M2A's net debt to equity ratio (115.1%) is considered high.
Reducing Debt: 0M2A's debt to equity ratio has increased from 68.2% to 138.7% over the past 5 years.
Debt Coverage: 0M2A's debt is well covered by operating cash flow (27.5%).
Interest Coverage: 0M2A's interest payments on its debt are not well covered by EBIT (1.9x coverage).