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. (NASDAQ:ADV) Shares Could Be 37% Below Their Intrinsic Value Estimate
Aug 22
Advantage 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.