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 ZAR3.0B and ZAR1.6B respectively. Adcorp Holdings's EBIT is ZAR188.7M making its interest coverage ratio 4.8. It has cash and short-term investments of ZAR82.2M.
Key information
0%
Debt to equity ratio
R0
Debt
| Interest coverage ratio | 4.8x |
| Cash | R82.24m |
| Equity | R1.41b |
| Total liabilities | R1.58b |
| Total assets | R2.99b |
Recent financial health updates
No updates
Recent updates
Adcorp Holdings Limited's (JSE:ADR) Prospects Need A Boost To Lift Shares
Apr 23
Capital Allocation Trends At Adcorp Holdings (JSE:ADR) Aren't Ideal
Feb 29Adcorp Holdings (JSE:ADR) Is Due To Pay A Dividend Of ZAR0.161
Jan 03Why Investors Shouldn't Be Surprised By Adcorp Holdings Limited's (JSE:ADR) 29% Share Price Plunge
Dec 30Adcorp Holdings (JSE:ADR) Is Due To Pay A Dividend Of ZAR0.161
Dec 12Adcorp Holdings (JSE:ADR) Is Paying Out A Larger Dividend Than Last Year
Nov 02Slowing Rates Of Return At Adcorp Holdings (JSE:ADR) Leave Little Room For Excitement
Sep 21There's No Escaping Adcorp Holdings Limited's (JSE:ADR) Muted Earnings
Aug 09Adcorp Holdings (JSE:ADR) Has More To Do To Multiply In Value Going Forward
Jun 10Financial Position Analysis
Short Term Liabilities: ADR's short term assets (ZAR1.8B) exceed its short term liabilities (ZAR1.2B).
Long Term Liabilities: ADR's short term assets (ZAR1.8B) exceed its long term liabilities (ZAR370.2M).
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 66.5%.
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.