AMETEK Balance Sheet Health
Financial Health criteria checks 5/6
AMETEK has a total shareholder equity of $9.0B and total debt of $2.9B, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are $14.9B and $5.9B respectively. AMETEK's EBIT is $1.7B making its interest coverage ratio 20.4. It has cash and short-term investments of $373.8M.
Key information
32.7%
Debt to equity ratio
US$2.93b
Debt
Interest coverage ratio | 20.4x |
Cash | US$373.77m |
Equity | US$8.97b |
Total liabilities | US$5.90b |
Total assets | US$14.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A1ME34's short term assets ($2.8B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: A1ME34's short term assets ($2.8B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: A1ME34's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: A1ME34's debt to equity ratio has reduced from 55.5% to 32.7% over the past 5 years.
Debt Coverage: A1ME34's debt is well covered by operating cash flow (60%).
Interest Coverage: A1ME34's interest payments on its debt are well covered by EBIT (20.4x coverage).