Adobe Balance Sheet Health
Financial Health criteria checks 6/6
Adobe has a total shareholder equity of $15.5B and total debt of $3.6B, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are $28.8B and $13.3B respectively. Adobe's EBIT is $7.0B making its interest coverage ratio -43.3. It has cash and short-term investments of $6.8B.
Key information
23.5%
Debt to equity ratio
US$3.64b
Debt
| Interest coverage ratio | -43.3x |
| Cash | US$6.82b |
| Equity | US$15.46b |
| Total liabilities | US$13.29b |
| Total assets | US$28.75b |
Recent financial health updates
We Think Adobe (NASDAQ:ADBE) Can Manage Its Debt With Ease
Apr 26
Is Adobe (NASDAQ:ADBE) A Risky Investment?
Dec 27Is Adobe (NASDAQ:ADBE) Using Too Much Debt?
Sep 27Recent updates
Is 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 11Calculating The Intrinsic Value Of Adobe Inc. (NASDAQ:ADBE)
Feb 26Adobe: AI Headwinds Or AI Tailwinds?
Feb 22Adobe: Getting Comfortable With The Premium Price
Feb 15Adobe Inc.'s (NASDAQ:ADBE) P/E Still Appears To Be Reasonable
Feb 02Investors Shouldn't Overlook Adobe's (NASDAQ:ADBE) Impressive Returns On Capital
Jan 21Would Generative AI Be Adobe's Achilles Heel?
Jan 19Is Now The Time To Look At Buying Adobe Inc. (NASDAQ:ADBE)?
Jan 09Is Adobe (NASDAQ:ADBE) A Risky Investment?
Dec 27Is Adobe Inc. (NASDAQ:ADBE) Expensive For A Reason? A Look At Its Intrinsic Value
Nov 26Adobe (NASDAQ:ADBE) Knows How To Allocate Capital Effectively
Oct 21Is Adobe (NASDAQ:ADBE) Using Too Much Debt?
Sep 27What Does Adobe Inc.'s (NASDAQ:ADBE) Share Price Indicate?
Sep 14Financial Position Analysis
Short Term Liabilities: ADBE's short term assets ($10.0B) exceed its short term liabilities ($9.5B).
Long Term Liabilities: ADBE's short term assets ($10.0B) exceed its long term liabilities ($3.8B).
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 41.9% to 23.5% over the past 5 years.
Debt Coverage: ADBE's debt is well covered by operating cash flow (186.6%).
Interest Coverage: ADBE earns more interest than it pays, so coverage of interest payments is not a concern.