Arcadium Lithium Balance Sheet Health
Financial Health criteria checks 4/6
Arcadium Lithium has a total shareholder equity of $7.1B and total debt of $724.4M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are $10.0B and $2.9B respectively. Arcadium Lithium's EBIT is $154.9M making its interest coverage ratio -8.2. It has cash and short-term investments of $137.9M.
Key information
10.2%
Debt to equity ratio
US$724.40m
Debt
| Interest coverage ratio | -8.2x |
| Cash | US$137.90m |
| Equity | US$7.13b |
| Total liabilities | US$2.87b |
| Total assets | US$10.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTM's short term assets ($865.6M) exceed its short term liabilities ($735.3M).
Long Term Liabilities: LTM's short term assets ($865.6M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: LTM's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: LTM's debt to equity ratio has reduced from 16.6% to 10.2% over the past 5 years.
Debt Coverage: LTM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LTM earns more interest than it pays, so coverage of interest payments is not a concern.