Analog Devices Balance Sheet Health
Financial Health criteria checks 5/6
Analog Devices has a total shareholder equity of $35.2B and total debt of $8.1B, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are $48.9B and $13.6B respectively. Analog Devices's EBIT is $2.7B making its interest coverage ratio 10.6. It has cash and short-term investments of $2.4B.
Key information
23.0%
Debt to equity ratio
US$8.12b
Debt
Interest coverage ratio | 10.6x |
Cash | US$2.36b |
Equity | US$35.25b |
Total liabilities | US$13.61b |
Total assets | US$48.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADI *'s short term assets ($5.2B) exceed its short term liabilities ($3.3B).
Long Term Liabilities: ADI *'s short term assets ($5.2B) do not cover its long term liabilities ($10.3B).
Debt to Equity History and Analysis
Debt Level: ADI *'s net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: ADI *'s debt to equity ratio has reduced from 51.4% to 23% over the past 5 years.
Debt Coverage: ADI *'s debt is well covered by operating cash flow (52.7%).
Interest Coverage: ADI *'s interest payments on its debt are well covered by EBIT (10.6x coverage).