Advantage Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Advantage Solutions has a total shareholder equity of $1.1B and total debt of $1.9B, which brings its debt-to-equity ratio to 169%. Its total assets and total liabilities are $3.8B and $2.7B respectively. Advantage Solutions's EBIT is $149.0M making its interest coverage ratio 0.9. It has cash and short-term investments of $152.8M.
Key information
169.0%
Debt to equity ratio
US$1.87b
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$152.76m |
| Equity | US$1.10b |
| Total liabilities | US$2.68b |
| Total assets | US$3.78b |
Recent financial health updates
Recent updates
Is Advantage Solutions (NASDAQ:ADV) A Risky Investment?
Apr 22
Advantage Solutions Inc. (NASDAQ:ADV) Held Back By Insufficient Growth Even After Shares Climb 53%
Dec 18Advantage Solutions Inc. (NASDAQ:ADV) Shares Fly 53% But Investors Aren't Buying For Growth
Dec 18Sentiment Still Eluding Advantage Solutions Inc. (NASDAQ:ADV)
Jul 27Why Advantage Solutions Inc. (NASDAQ:ADV) Could Be Worth Watching
May 12Is There Now An Opportunity In Advantage Solutions Inc. (NASDAQ:ADV)?
Dec 30Is It Too Late To Consider Buying Advantage Solutions Inc. (NASDAQ:ADV)?
Sep 07Is Now An Opportune Moment To Examine Advantage Solutions Inc. (NASDAQ:ADV)?
May 17We Think Advantage Solutions' (NASDAQ:ADV) Robust Earnings Are Conservative
Mar 08We Might See A Profit From Advantage Solutions Inc. (NASDAQ:ADV) Soon
Mar 22Is Advantage Solutions Inc. (NASDAQ:ADV) Popular Amongst Institutions?
Jan 29
Financial Position Analysis
Short Term Liabilities: ADV's short term assets ($1.0B) exceed its short term liabilities ($541.3M).
Long Term Liabilities: ADV's short term assets ($1.0B) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: ADV's net debt to equity ratio (155.2%) is considered high.
Reducing Debt: ADV's debt to equity ratio has reduced from 192.5% to 169% 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 ADV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ADV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.2% per year.