Adcorp Holdings Limited

JSE:ADR Stock Report

Market Cap: R505.6m

Adcorp Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Adcorp Holdings has a total shareholder equity of ZAR1.4B and total debt of ZAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZAR3.1B and ZAR1.7B respectively. Adcorp Holdings's EBIT is ZAR111.5M making its interest coverage ratio 2.9. It has cash and short-term investments of ZAR206.1M.

Key information

0%

Debt to equity ratio

R0

Debt

Interest coverage ratio2.9x
CashR206.05m
EquityR1.42b
Total liabilitiesR1.68b
Total assetsR3.10b

Recent financial health updates

No updates

Recent updates

Adcorp Holdings (JSE:ADR) Is Reducing Its Dividend To ZAR0.134

Nov 07
Adcorp Holdings (JSE:ADR) Is Reducing Its Dividend To ZAR0.134

Some Investors May Be Worried About Adcorp Holdings' (JSE:ADR) Returns On Capital

Oct 21
Some Investors May Be Worried About Adcorp Holdings' (JSE:ADR) Returns On Capital

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Adcorp Holdings Limited's (JSE:ADR) CEO For Now

Jul 24
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Adcorp Holdings Limited's (JSE:ADR) CEO For Now

Why Adcorp Holdings' (JSE:ADR) Shaky Earnings Are Just The Beginning Of Its Problems

Jun 09
Why Adcorp Holdings' (JSE:ADR) Shaky Earnings Are Just The Beginning Of Its Problems

Adcorp Holdings Limited's (JSE:ADR) Prospects Need A Boost To Lift Shares

Apr 23
Adcorp Holdings Limited's (JSE:ADR) Prospects Need A Boost To Lift Shares

Capital Allocation Trends At Adcorp Holdings (JSE:ADR) Aren't Ideal

Feb 29
Capital Allocation Trends At Adcorp Holdings (JSE:ADR) Aren't Ideal

Adcorp Holdings (JSE:ADR) Is Due To Pay A Dividend Of ZAR0.161

Jan 03
Adcorp Holdings (JSE:ADR) Is Due To Pay A Dividend Of ZAR0.161

Why Investors Shouldn't Be Surprised By Adcorp Holdings Limited's (JSE:ADR) 29% Share Price Plunge

Dec 30
Why Investors Shouldn't Be Surprised By Adcorp Holdings Limited's (JSE:ADR) 29% Share Price Plunge

Adcorp Holdings (JSE:ADR) Is Due To Pay A Dividend Of ZAR0.161

Dec 12
Adcorp Holdings (JSE:ADR) Is Due To Pay A Dividend Of ZAR0.161

Adcorp Holdings (JSE:ADR) Is Paying Out A Larger Dividend Than Last Year

Nov 02
Adcorp Holdings (JSE:ADR) Is Paying Out A Larger Dividend Than Last Year

Slowing Rates Of Return At Adcorp Holdings (JSE:ADR) Leave Little Room For Excitement

Sep 21
Slowing Rates Of Return At Adcorp Holdings (JSE:ADR) Leave Little Room For Excitement

There's No Escaping Adcorp Holdings Limited's (JSE:ADR) Muted Earnings

Aug 09
There's No Escaping Adcorp Holdings Limited's (JSE:ADR) Muted Earnings

Adcorp Holdings (JSE:ADR) Has More To Do To Multiply In Value Going Forward

Jun 10
Adcorp Holdings (JSE:ADR) Has More To Do To Multiply In Value Going Forward

Financial Position Analysis

Short Term Liabilities: ADR's short term assets (ZAR2.0B) exceed its short term liabilities (ZAR1.3B).

Long Term Liabilities: ADR's short term assets (ZAR2.0B) exceed its long term liabilities (ZAR342.4M).

Debt to Equity History and Analysis

Debt Level: ADR is debt free.

Reducing Debt: ADR has no debt compared to 5 years ago when its debt to equity ratio was 79.3%.

Debt Coverage: ADR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ADR has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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