Adient Balance Sheet Health
Financial Health criteria checks 4/6
Adient has a total shareholder equity of $2.5B and total debt of $2.5B, which brings its debt-to-equity ratio to 103%. Its total assets and total liabilities are $9.3B and $6.8B respectively. Adient's EBIT is $452.0M making its interest coverage ratio 2.7. It has cash and short-term investments of $905.0M.
Key information
103.0%
Debt to equity ratio
US$2.54b
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$905.00m |
| Equity | US$2.46b |
| Total liabilities | US$6.82b |
| Total assets | US$9.28b |
Recent financial health updates
Here's Why Adient (NYSE:ADNT) Has A Meaningful Debt Burden
Apr 07
Here'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 01Is Adient (NYSE:ADNT) A Risky Investment?
Oct 18Recent updates
Here'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 25Adient: Business Outlook And Capital Allocation Draw Attention
Apr 22Is There An Opportunity With Adient plc's (NYSE:ADNT) 49% Undervaluation?
Mar 17Does Adient (NYSE:ADNT) Have A Healthy Balance Sheet?
Jan 15Is Adient plc (NYSE:ADNT) Trading At A 42% Discount?
Oct 29Adient: Headwinds Persist
Oct 29Adient (NYSE:ADNT) Has A Somewhat Strained Balance Sheet
Oct 03Adient's (NYSE:ADNT) Robust Earnings Are Supported By Other Strong Factors
Aug 12Financial 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 ($3.2B).
Debt to Equity History and Analysis
Debt Level: ADNT's net debt to equity ratio (66.3%) is considered high.
Reducing Debt: ADNT's debt to equity ratio has reduced from 126.8% to 103% over the past 5 years.
Debt Coverage: ADNT's debt is well covered by operating cash flow (24.4%).
Interest Coverage: ADNT's interest payments on its debt are not well covered by EBIT (2.7x coverage).