Adient Balance Sheet Health
Financial Health criteria checks 4/6
Adient has a total shareholder equity of $2.5B and total debt of $2.4B, which brings its debt-to-equity ratio to 94.9%. Its total assets and total liabilities are $9.4B and $6.8B respectively. Adient's EBIT is $401.0M making its interest coverage ratio 2.5. It has cash and short-term investments of $945.0M.
Key information
94.9%
Debt to equity ratio
US$2.41b
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$945.00m |
| Equity | US$2.53b |
| Total liabilities | US$6.82b |
| Total assets | US$9.35b |
Recent financial health updates
These 4 Measures Indicate That Adient (NYSE:ADNT) Is Using Debt Extensively
Aug 04
Here's Why Adient (NYSE:ADNT) Has A Meaningful Debt Burden
Apr 07Here's Why Adient (NYSE:ADNT) Has A Meaningful Debt Burden
Jan 07Adient (NYSE:ADNT) Has A Pretty Healthy Balance Sheet
Aug 29These 4 Measures Indicate That Adient (NYSE:ADNT) Is Using Debt Extensively
May 15Adient (NYSE:ADNT) Has A Somewhat Strained Balance Sheet
Feb 01Recent updates
Adient: Aggressive Deleveraging Needed To Minimize Impairment Charges
Nov 12Returns On Capital Are Showing Encouraging Signs At Adient (NYSE:ADNT)
Oct 09Adient plc's (NYSE:ADNT) Popularity With Investors Is Clear
Sep 19We Think You Can Look Beyond Adient's (NYSE:ADNT) Lackluster Earnings
Aug 14Earnings Miss: Adient plc Missed EPS And Analysts Are Revising Their Forecasts
Aug 09These 4 Measures Indicate That Adient (NYSE:ADNT) Is Using Debt Extensively
Aug 04Adient (NYSE:ADNT) Shareholders Will Want The ROCE Trajectory To Continue
Jun 27Lacklustre Performance Is Driving Adient plc's (NYSE:ADNT) Low P/S
Jun 12Are Investors Undervaluing Adient plc (NYSE:ADNT) By 36%?
May 26Adient: Consider Financial Prospects And Buyback Yield
May 22Here's Why Adient (NYSE:ADNT) Has A Meaningful Debt Burden
Apr 07Adient (NYSE:ADNT) Shareholders Will Want The ROCE Trajectory To Continue
Mar 20Adient plc's (NYSE:ADNT) Shares Lagging The Industry But So Is The Business
Feb 12Here's Why Adient (NYSE:ADNT) Has A Meaningful Debt Burden
Jan 07Is There An Opportunity With Adient plc's (NYSE:ADNT) 36% Undervaluation?
Dec 20Adient: Product Demand, Strength In Global Automotive Sales To Bolster Future Growth
Dec 15Returns At Adient (NYSE:ADNT) Are On The Way Up
Dec 02Adient: Too Early To Turn Bullish
Sep 26Is There An Opportunity With Adient plc's (NYSE:ADNT) 44% Undervaluation?
Sep 19Adient (NYSE:ADNT) Has A Pretty Healthy Balance Sheet
Aug 29Adient (NYSE:ADNT) Is Experiencing Growth In Returns On Capital
Aug 08Investor Optimism Abounds Adient plc (NYSE:ADNT) But Growth Is Lacking
Jul 24Adient: A Lack Of Catalysts
Jul 17These 4 Measures Indicate That Adient (NYSE:ADNT) Is Using Debt Extensively
May 15Calculating The Intrinsic Value Of Adient plc (NYSE:ADNT)
Apr 27Returns On Capital At Adient (NYSE:ADNT) Paint A Concerning Picture
Apr 06Adient: NIO And Toyota Agreements Positive, But Risks Persist
Feb 17Adient Q1 2023 Earnings Preview
Feb 06Adient (NYSE:ADNT) Has A Somewhat Strained Balance Sheet
Feb 01Is There An Opportunity With Adient plc's (NYSE:ADNT) 29% Undervaluation?
Jan 10These Return Metrics Don't Make Adient (NYSE:ADNT) Look Too Strong
Dec 20Adient: Positive On Earnings Beat And Buyback Program
Nov 08Adient names Jerome Dorlack as CFO
Oct 31Is Adient (NYSE:ADNT) A Risky Investment?
Oct 18With EPS Growth And More, Adient (NYSE:ADNT) Makes An Interesting Case
Sep 08Is Adient plc (NYSE:ADNT) Trading At A 49% Discount?
Aug 18Adient Q3 2022 Earnings Preview
Aug 04Here's Why Adient (NYSE:ADNT) Is Weighed Down By Its Debt Load
May 25Financial Position Analysis
Short Term Liabilities: ADNT's short term assets ($4.1B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: ADNT's short term assets ($4.1B) exceed its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: ADNT's net debt to equity ratio (57.6%) is considered high.
Reducing Debt: ADNT's debt to equity ratio has reduced from 166.9% to 94.9% over the past 5 years.
Debt Coverage: ADNT's debt is well covered by operating cash flow (22.6%).
Interest Coverage: ADNT's interest payments on its debt are not well covered by EBIT (2.5x coverage).