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 $1.8B, which brings its debt-to-equity ratio to 166.9%. Its total assets and total liabilities are $3.6B and $2.5B respectively. Advantage Solutions's EBIT is $116.2M making its interest coverage ratio 0.7. It has cash and short-term investments of $134.8M.
Key information
166.9%
Debt to equity ratio
US$1.81b
Debt
Interest coverage ratio | 0.7x |
Cash | US$134.79m |
Equity | US$1.08b |
Total liabilities | US$2.55b |
Total assets | US$3.63b |
Recent financial health updates
Recent updates
Little 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 08We Might See A Profit From Advantage Solutions Inc. (NASDAQ:ADV) Soon
Mar 22Financial Position Analysis
Short Term Liabilities: ADV's short term assets ($932.1M) exceed its short term liabilities ($476.9M).
Long Term Liabilities: ADV's short term assets ($932.1M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: ADV's net debt to equity ratio (154.4%) is considered high.
Reducing Debt: ADV's debt to equity ratio has reduced from 194.1% to 166.9% 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 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 5.2% per year.