adesso Balance Sheet Health
Financial Health criteria checks 4/6
adesso has a total shareholder equity of €203.7M and total debt of €137.8M, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are €774.3M and €570.5M respectively. adesso's EBIT is €17.8M making its interest coverage ratio 1.8. It has cash and short-term investments of €50.5M.
Key information
67.6%
Debt to equity ratio
€137.78m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €50.50m |
| Equity | €203.73m |
| Total liabilities | €570.53m |
| Total assets | €774.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADSG.F's short term assets (€369.3M) exceed its short term liabilities (€294.8M).
Long Term Liabilities: ADSG.F's short term assets (€369.3M) exceed its long term liabilities (€275.8M).
Debt to Equity History and Analysis
Debt Level: ADSG.F's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: ADSG.F's debt to equity ratio has reduced from 78.9% to 67.6% over the past 5 years.
Debt Coverage: ADSG.F's debt is well covered by operating cash flow (60.6%).
Interest Coverage: ADSG.F's interest payments on its debt are not well covered by EBIT (1.8x coverage).