Adobe Balance Sheet Health
Financial Health criteria checks 6/6
Adobe has a total shareholder equity of $14.5B and total debt of $5.6B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are $29.8B and $15.3B respectively. Adobe's EBIT is $7.5B making its interest coverage ratio -61.7. It has cash and short-term investments of $7.5B.
Key information
38.7%
Debt to equity ratio
US$5.63b
Debt
| Interest coverage ratio | -61.7x |
| Cash | US$7.52b |
| Equity | US$14.55b |
| Total liabilities | US$15.29b |
| Total assets | US$29.83b |
Recent financial health updates
We Think Adobe (NASDAQ:ADBE) Can Manage Its Debt With Ease
Aug 13
We Think Adobe (NASDAQ:ADBE) Can Manage Its Debt With Ease
Apr 26Recent updates
Adobe: The #1 "Digital Experience Platform" Is At A Discount
Nov 01Adobe (NASDAQ:ADBE) Knows How To Allocate Capital Effectively
Oct 26Adobe: Wall Street Eyes A Slowdown, But Ignores The Cash Flow Story
Oct 25Adobe's Innovative Push Into AI Secures Long-Term Growth
Oct 17Adobe Inc.'s (NASDAQ:ADBE) Price In Tune With Earnings
Oct 14Adobe (NASDAQ:ADBE) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Oct 02Adobe: Buy Unwarranted Pullback, Robust SaaS Monetization
Sep 21Adobe Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Sep 16Adobe: Awaiting Clearer Signs Of Revenue Acceleration
Sep 15Adobe: The Market Is Changing, And Growth Is Decelerating (Rating Downgrade)
Sep 09Adobe Stock Looks Like A Fully-Priced Story
Aug 23We Think Adobe (NASDAQ:ADBE) Can Manage Its Debt With Ease
Aug 13Adobe Outlook: A Case For Holding The Position
Jul 23Adobe: AI Developments Galore
Jul 11Adobe: Ride The Winning Generative AI Play
Jul 04Adobe: Don't Expect It To Beat The Market Long-Term (Rating Downgrade)
Jun 27Adobe: Q2 Showed The Monetization Power Of Company's AI Tools
Jun 20Adobe Inc. (NASDAQ:ADBE) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
Jun 16Adobe Q2 Earnings: Picture-Perfect Priced In
Jun 14Is There An Opportunity With Adobe Inc.'s (NASDAQ:ADBE) 22% Undervaluation?
Jun 02Adobe (NASDAQ:ADBE) Is Achieving High Returns On Its Capital
May 21Adobe: Generative AI Fears Create An Opportunity (Ratings Upgrade)
May 17Why Investors Shouldn't Be Surprised By Adobe Inc.'s (NASDAQ:ADBE) P/E
May 08We Think Adobe (NASDAQ:ADBE) Can Manage Its Debt With Ease
Apr 26Adobe Has A Weak AI Monetization Strategy
Apr 16Should You Investigate Adobe Inc. (NASDAQ:ADBE) At US$474?
Apr 14Adobe: Strong Fundamentals Overshadowed By Growth Uncertainty, Hold Rating
Apr 05Adobe: AI Story Is On Right Track, Time To Be Patient (Rating Upgrade)
Mar 26Adobe (NASDAQ:ADBE) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Mar 21Adobe: AI Is Not An Enemy, But An Ally - Buy The Weakness (Rating Upgrade)
Mar 18Adobe Earnings: 3 Key Areas To Focus On With The Release
Mar 11Financial Position Analysis
Short Term Liabilities: ADBE's short term assets ($10.7B) exceed its short term liabilities ($9.6B).
Long Term Liabilities: ADBE's short term assets ($10.7B) exceed its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: ADBE has more cash than its total debt.
Reducing Debt: ADBE's debt to equity ratio has reduced from 40.4% to 38.7% over the past 5 years.
Debt Coverage: ADBE's debt is well covered by operating cash flow (119.6%).
Interest Coverage: ADBE earns more interest than it pays, so coverage of interest payments is not a concern.