ADT Balance Sheet Health
Financial Health criteria checks 3/6
ADT has a total shareholder equity of $3.8B and total debt of $7.8B, which brings its debt-to-equity ratio to 204.9%. Its total assets and total liabilities are $16.0B and $12.2B respectively. ADT's EBIT is $1.1B making its interest coverage ratio 1.8. It has cash and short-term investments of $89.6M.
Key information
204.9%
Debt to equity ratio
US$7.76b
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$89.60m |
| Equity | US$3.79b |
| Total liabilities | US$12.18b |
| Total assets | US$15.96b |
Recent financial health updates
We Think ADT (NYSE:ADT) Is Taking Some Risk With Its Debt
Jan 07
ADT (NYSE:ADT) Has A Somewhat Strained Balance Sheet
Jul 11Is ADT (NYSE:ADT) Using Too Much Debt?
Mar 30Recent updates
ADT: Residential Solar Exit May Bolster Growth
Mar 16ADT (NYSE:ADT) Will Pay A Larger Dividend Than Last Year At $0.055
Mar 07Some Confidence Is Lacking In ADT Inc.'s (NYSE:ADT) P/S
Feb 22There's Been No Shortage Of Growth Recently For ADT's (NYSE:ADT) Returns On Capital
Jan 28We Think ADT (NYSE:ADT) Is Taking Some Risk With Its Debt
Jan 07ADT: Transformation Is Making Some Progress
Jan 04Is ADT Inc. (NYSE:ADT) Trading At A 20% Discount?
Oct 26ADT: Surveilling The Long-Term Debt
Oct 23ADT (NYSE:ADT) Is Looking To Continue Growing Its Returns On Capital
Oct 11ADT (NYSE:ADT) Has Announced A Dividend Of $0.035
Aug 28ADT (NYSE:ADT) Is Due To Pay A Dividend Of $0.035
Aug 11ADT: Security On The Rise
Aug 09ADT (NYSE:ADT) Has A Somewhat Strained Balance Sheet
Jul 11We Like These Underlying Return On Capital Trends At ADT (NYSE:ADT)
Jun 25Are Investors Undervaluing ADT Inc. (NYSE:ADT) By 35%?
Jun 10ADT: A Dividend Cut Makes Sense
May 27Should You Investigate ADT Inc. (NYSE:ADT) At US$5.76?
May 07Is ADT (NYSE:ADT) Using Too Much Debt?
Mar 30Statutory Profit Doesn't Reflect How Good ADT's (NYSE:ADT) Earnings Are
Mar 07ADT (NYSE:ADT) Shareholders Will Want The ROCE Trajectory To Continue
Mar 01ADT Inc.'s (NYSE:ADT) Intrinsic Value Is Potentially 61% Above Its Share Price
Jan 07ADT: Future Looks Solid, But May Be Due For Temporary Pullback
Dec 13ADT (NYSE:ADT) Has Announced A Dividend Of $0.035
Nov 17ADT Q3 2022 Earnings Preview
Nov 02ADT Inc.: Further Rebound Possible, But Inflation Could Be A Concern
Sep 21ADT (NYSE:ADT) Is Due To Pay A Dividend Of $0.035
Sep 08Financial Position Analysis
Short Term Liabilities: ADT's short term assets ($1.0B) do not cover its short term liabilities ($1.5B).
Long Term Liabilities: ADT's short term assets ($1.0B) do not cover its long term liabilities ($10.7B).
Debt to Equity History and Analysis
Debt Level: ADT's net debt to equity ratio (202.5%) is considered high.
Reducing Debt: ADT's debt to equity ratio has reduced from 236.2% to 204.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ADT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ADT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.8% per year.