Adecco Group Balance Sheet Health
Financial Health criteria checks 3/6
Adecco Group has a total shareholder equity of €3.6B and total debt of €3.2B, which brings its debt-to-equity ratio to 89%. Its total assets and total liabilities are €12.4B and €8.8B respectively. Adecco Group's EBIT is €745.0M making its interest coverage ratio 12.2. It has cash and short-term investments of €556.0M.
Key information
89.0%
Debt to equity ratio
€3.20b
Debt
Interest coverage ratio | 12.2x |
Cash | €556.00m |
Equity | €3.60b |
Total liabilities | €8.83b |
Total assets | €12.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AHEX.F's short term assets (€5.5B) exceed its short term liabilities (€5.2B).
Long Term Liabilities: AHEX.F's short term assets (€5.5B) exceed its long term liabilities (€3.6B).
Debt to Equity History and Analysis
Debt Level: AHEX.F's net debt to equity ratio (73.5%) is considered high.
Reducing Debt: AHEX.F's debt to equity ratio has increased from 49.8% to 89% over the past 5 years.
Debt Coverage: AHEX.F's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: AHEX.F's interest payments on its debt are well covered by EBIT (12.2x coverage).