abrdn Balance Sheet Health
Financial Health criteria checks 6/6
abrdn has a total shareholder equity of £5.1B and total debt of £599.0M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are £8.0B and £2.9B respectively. abrdn's EBIT is £150.0M making its interest coverage ratio -2.9. It has cash and short-term investments of £1.2B.
Key information
11.8%
Debt to equity ratio
UK£599.00m
Debt
Interest coverage ratio | -2.9x |
Cash | UK£1.20b |
Equity | UK£5.09b |
Total liabilities | UK£2.94b |
Total assets | UK£8.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLFP.Y's short term assets (£3.0B) exceed its short term liabilities (£856.0M).
Long Term Liabilities: SLFP.Y's short term assets (£3.0B) exceed its long term liabilities (£2.1B).
Debt to Equity History and Analysis
Debt Level: SLFP.Y has more cash than its total debt.
Reducing Debt: SLFP.Y's debt to equity ratio has reduced from 17.2% to 11.8% over the past 5 years.
Debt Coverage: SLFP.Y's debt is well covered by operating cash flow (36.9%).
Interest Coverage: SLFP.Y earns more interest than it pays, so coverage of interest payments is not a concern.