ATS Balance Sheet Health

Financial Health criteria checks 3/6

ATS has a total shareholder equity of CA$1.7B and total debt of CA$1.2B, which brings its debt-to-equity ratio to 70.7%. Its total assets and total liabilities are CA$4.1B and CA$2.4B respectively. ATS's EBIT is CA$347.8M making its interest coverage ratio 5.1. It has cash and short-term investments of CA$170.2M.

Key information

70.7%

Debt to equity ratio

CA$1.19b

Debt

Interest coverage ratio5.1x
CashCA$170.18m
EquityCA$1.68b
Total liabilitiesCA$2.40b
Total assetsCA$4.09b

Recent financial health updates

Recent updates

Here's Why We Think ATS (TSE:ATS) Might Deserve Your Attention Today

Jun 18
Here's Why We Think ATS (TSE:ATS) Might Deserve Your Attention Today

These 4 Measures Indicate That ATS (TSE:ATS) Is Using Debt Reasonably Well

Jun 05
These 4 Measures Indicate That ATS (TSE:ATS) Is Using Debt Reasonably Well

Is Now The Time To Look At Buying ATS Corporation (TSE:ATS)?

May 12
Is Now The Time To Look At Buying ATS Corporation (TSE:ATS)?

Here's Why We Think ATS (TSE:ATS) Is Well Worth Watching

Mar 13
Here's Why We Think ATS (TSE:ATS) Is Well Worth Watching

Calculating The Fair Value Of ATS Corporation (TSE:ATS)

Feb 29
Calculating The Fair Value Of ATS Corporation (TSE:ATS)

ATS' (TSE:ATS) Earnings Are Of Questionable Quality

Feb 14
ATS' (TSE:ATS) Earnings Are Of Questionable Quality

ATS Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 10
ATS Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Investors Appear Satisfied With ATS Corporation's (TSE:ATS) Prospects

Feb 05
Investors Appear Satisfied With ATS Corporation's (TSE:ATS) Prospects

ATS (TSE:ATS) Has A Pretty Healthy Balance Sheet

Jan 03
ATS (TSE:ATS) Has A Pretty Healthy Balance Sheet

What Does ATS Corporation's (TSE:ATS) Share Price Indicate?

Dec 17
What Does ATS Corporation's (TSE:ATS) Share Price Indicate?

If EPS Growth Is Important To You, ATS (TSE:ATS) Presents An Opportunity

Dec 02
If EPS Growth Is Important To You, ATS (TSE:ATS) Presents An Opportunity

ATS (TSE:ATS) Has A Pretty Healthy Balance Sheet

Sep 12
ATS (TSE:ATS) Has A Pretty Healthy Balance Sheet

Why ATS Corporation (TSE:ATS) Could Be Worth Watching

Aug 22
Why ATS Corporation (TSE:ATS) Could Be Worth Watching

Should You Be Adding ATS (TSE:ATS) To Your Watchlist Today?

May 24
Should You Be Adding ATS (TSE:ATS) To Your Watchlist Today?

At CA$57.34, Is ATS Corporation (TSE:ATS) Worth Looking At Closely?

May 10
At CA$57.34, Is ATS Corporation (TSE:ATS) Worth Looking At Closely?

Here's Why ATS (TSE:ATS) Can Manage Its Debt Responsibly

Mar 27
Here's Why ATS (TSE:ATS) Can Manage Its Debt Responsibly

We Ran A Stock Scan For Earnings Growth And ATS (TSE:ATS) Passed With Ease

Feb 13
We Ran A Stock Scan For Earnings Growth And ATS (TSE:ATS) Passed With Ease

What Is ATS Corporation's (TSE:ATS) Share Price Doing?

Jan 31
What Is ATS Corporation's (TSE:ATS) Share Price Doing?

These 4 Measures Indicate That ATS (TSE:ATS) Is Using Debt Reasonably Well

Dec 21
These 4 Measures Indicate That ATS (TSE:ATS) Is Using Debt Reasonably Well

With EPS Growth And More, ATS Automation Tooling Systems (TSE:ATA) Makes An Interesting Case

Nov 12
With EPS Growth And More, ATS Automation Tooling Systems (TSE:ATA) Makes An Interesting Case

Should You Think About Buying ATS Automation Tooling Systems Inc. (TSE:ATA) Now?

Oct 29
Should You Think About Buying ATS Automation Tooling Systems Inc. (TSE:ATA) Now?

Is ATS Automation Tooling Systems Inc. (TSE:ATA) Trading At A 45% Discount?

Oct 14
Is ATS Automation Tooling Systems Inc. (TSE:ATA) Trading At A 45% Discount?

These 4 Measures Indicate That ATS Automation Tooling Systems (TSE:ATA) Is Using Debt Reasonably Well

Aug 04
These 4 Measures Indicate That ATS Automation Tooling Systems (TSE:ATA) Is Using Debt Reasonably Well

With EPS Growth And More, ATS Automation Tooling Systems (TSE:ATA) Makes An Interesting Case

Jul 21
With EPS Growth And More, ATS Automation Tooling Systems (TSE:ATA) Makes An Interesting Case

ATS Automation Tooling Systems Inc.'s (TSE:ATA) Intrinsic Value Is Potentially 96% Above Its Share Price

Jul 08
ATS Automation Tooling Systems Inc.'s (TSE:ATA) Intrinsic Value Is Potentially 96% Above Its Share Price

Should You Investigate ATS Automation Tooling Systems Inc. (TSE:ATA) At CA$36.87?

Jun 09
Should You Investigate ATS Automation Tooling Systems Inc. (TSE:ATA) At CA$36.87?

Is ATS Automation Tooling Systems (TSE:ATA) A Risky Investment?

Apr 25
Is ATS Automation Tooling Systems (TSE:ATA) A Risky Investment?

Is Now The Time To Put ATS Automation Tooling Systems (TSE:ATA) On Your Watchlist?

Apr 11
Is Now The Time To Put ATS Automation Tooling Systems (TSE:ATA) On Your Watchlist?

Are Investors Undervaluing ATS Automation Tooling Systems Inc. (TSE:ATA) By 33%?

Mar 28
Are Investors Undervaluing ATS Automation Tooling Systems Inc. (TSE:ATA) By 33%?

Does ATS Automation Tooling Systems (TSE:ATA) Have A Healthy Balance Sheet?

Jan 20
Does ATS Automation Tooling Systems (TSE:ATA) Have A Healthy Balance Sheet?

If You Like EPS Growth Then Check Out ATS Automation Tooling Systems (TSE:ATA) Before It's Too Late

Jan 06
If You Like EPS Growth Then Check Out ATS Automation Tooling Systems (TSE:ATA) Before It's Too Late

ATS Automation Tooling Systems Inc.'s (TSE:ATA) Intrinsic Value Is Potentially 39% Above Its Share Price

Dec 24
ATS Automation Tooling Systems Inc.'s (TSE:ATA) Intrinsic Value Is Potentially 39% Above Its Share Price

Should You Think About Buying ATS Automation Tooling Systems Inc. (TSE:ATA) Now?

Nov 26
Should You Think About Buying ATS Automation Tooling Systems Inc. (TSE:ATA) Now?

ATS Automation Tooling Systems (TSE:ATA) Is Doing The Right Things To Multiply Its Share Price

Nov 14
ATS Automation Tooling Systems (TSE:ATA) Is Doing The Right Things To Multiply Its Share Price

Financial Position Analysis

Short Term Liabilities: ATS's short term assets (CA$1.8B) exceed its short term liabilities (CA$1.0B).

Long Term Liabilities: ATS's short term assets (CA$1.8B) exceed its long term liabilities (CA$1.4B).


Debt to Equity History and Analysis

Debt Level: ATS's net debt to equity ratio (60.6%) is considered high.

Reducing Debt: ATS's debt to equity ratio has increased from 45% to 70.7% over the past 5 years.

Debt Coverage: ATS's debt is not well covered by operating cash flow (1.7%).

Interest Coverage: ATS's interest payments on its debt are well covered by EBIT (5.1x coverage).


Balance Sheet


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