Automatic Data Processing Financial Health
How is Automatic Data Processing's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ADP's short term assets ($46.1B) do not cover its short term liabilities ($46.8B).
Long Term Liabilities: ADP's short term assets ($46.1B) exceed its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: ADP's net debt to equity ratio (55%) is considered high.
Reducing Debt: ADP's debt to equity ratio has increased from 50.9% to 100% over the past 5 years.
Debt Coverage: ADP's debt is well covered by operating cash flow (117.2%).
Interest Coverage: ADP's interest payments on its debt are well covered by EBIT (58x coverage).