Advantage Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Advantage Solutions has a total shareholder equity of $932.5M and total debt of $1.7B, which brings its debt-to-equity ratio to 182.5%. Its total assets and total liabilities are $3.4B and $2.5B respectively. Advantage Solutions's EBIT is $142.4M making its interest coverage ratio 0.9. It has cash and short-term investments of $200.2M.
Key information
182.5%
Debt to equity ratio
US$1.70b
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$200.20m |
| Equity | US$932.53m |
| Total liabilities | US$2.46b |
| Total assets | US$3.39b |
Recent financial health updates
Recent updates
Advantage Solutions Inc.'s (NASDAQ:ADV) Price Is Right But Growth Is Lacking
Dec 17
Advantage Solutions Inc. (NASDAQ:ADV) Shares Could Be 37% Below Their Intrinsic Value Estimate
Aug 22Advantage Solutions Inc. (NASDAQ:ADV) Held Back By Insufficient Growth Even After Shares Climb 26%
Aug 01Little Excitement Around Advantage Solutions Inc.'s (NASDAQ:ADV) Revenues As Shares Take 26% Pounding
May 24Is Advantage Solutions (NASDAQ:ADV) A Risky Investment?
Apr 22Advantage 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 08Financial Position Analysis
Short Term Liabilities: ADV's short term assets ($975.2M) exceed its short term liabilities ($512.9M).
Long Term Liabilities: ADV's short term assets ($975.2M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: ADV's net debt to equity ratio (161%) is considered high.
Reducing Debt: ADV's debt to equity ratio has reduced from 197.3% to 182.5% 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, even with free cash flow being positive and shrinking by 7.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 16:12 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Advantage Solutions Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph Vafi | Canaccord Genuity |
| Faiza Alwy | Deutsche Bank |
| Jason English | Goldman Sachs |