Arcadium Lithium Balance Sheet Health
Financial Health criteria checks 5/6
Arcadium Lithium has a total shareholder equity of $7.0B and total debt of $583.3M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are $9.8B and $2.8B respectively. Arcadium Lithium's EBIT is $349.3M making its interest coverage ratio -31.8. It has cash and short-term investments of $472.7M.
Key information
8.4%
Debt to equity ratio
US$583.30m
Debt
Interest coverage ratio | -31.8x |
Cash | US$472.70m |
Equity | US$6.96b |
Total liabilities | US$2.83b |
Total assets | US$9.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTM's short term assets ($1.1B) exceed its short term liabilities ($534.5M).
Long Term Liabilities: LTM's short term assets ($1.1B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: LTM's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: LTM's debt to equity ratio has reduced from 9.9% to 8.4% over the past 5 years.
Debt Coverage: LTM's debt is well covered by operating cash flow (24.3%).
Interest Coverage: LTM earns more interest than it pays, so coverage of interest payments is not a concern.