ATS Balance Sheet Health
Financial Health criteria checks 3/6
ATS has a total shareholder equity of CA$1.6B and total debt of CA$1.2B, which brings its debt-to-equity ratio to 76.7%. Its total assets and total liabilities are CA$4.2B and CA$2.6B respectively. ATS's EBIT is CA$328.9M making its interest coverage ratio 4.8. It has cash and short-term investments of CA$260.9M.
Key information
76.7%
Debt to equity ratio
CA$1.24b
Debt
| Interest coverage ratio | 4.8x |
| Cash | CA$260.89m |
| Equity | CA$1.62b |
| Total liabilities | CA$2.56b |
| Total assets | CA$4.18b |
Recent financial health updates
ATS (TSE:ATS) Has A Pretty Healthy Balance Sheet
Jan 03
ATS (TSE:ATS) Has A Pretty Healthy Balance Sheet
Sep 12Here's Why ATS (TSE:ATS) Can Manage Its Debt Responsibly
Mar 27These 4 Measures Indicate That ATS (TSE:ATS) Is Using Debt Reasonably Well
Dec 21These 4 Measures Indicate That ATS Automation Tooling Systems (TSE:ATA) Is Using Debt Reasonably Well
Aug 04Is ATS Automation Tooling Systems (TSE:ATA) A Risky Investment?
Apr 25Recent updates
Here's Why We Think ATS (TSE:ATS) Is Well Worth Watching
Mar 13Calculating The Fair Value Of ATS Corporation (TSE:ATS)
Feb 29ATS' (TSE:ATS) Earnings Are Of Questionable Quality
Feb 14ATS Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 10Investors Appear Satisfied With ATS Corporation's (TSE:ATS) Prospects
Feb 05ATS (TSE:ATS) Has A Pretty Healthy Balance Sheet
Jan 03What Does ATS Corporation's (TSE:ATS) Share Price Indicate?
Dec 17If EPS Growth Is Important To You, ATS (TSE:ATS) Presents An Opportunity
Dec 02ATS (TSE:ATS) Has A Pretty Healthy Balance Sheet
Sep 12Why ATS Corporation (TSE:ATS) Could Be Worth Watching
Aug 22Should You Be Adding ATS (TSE:ATS) To Your Watchlist Today?
May 24At CA$57.34, Is ATS Corporation (TSE:ATS) Worth Looking At Closely?
May 10Here's Why ATS (TSE:ATS) Can Manage Its Debt Responsibly
Mar 27We Ran A Stock Scan For Earnings Growth And ATS (TSE:ATS) Passed With Ease
Feb 13What Is ATS Corporation's (TSE:ATS) Share Price Doing?
Jan 31These 4 Measures Indicate That ATS (TSE:ATS) Is Using Debt Reasonably Well
Dec 21With EPS Growth And More, ATS Automation Tooling Systems (TSE:ATA) Makes An Interesting Case
Nov 12Should You Think About Buying ATS Automation Tooling Systems Inc. (TSE:ATA) Now?
Oct 29Is ATS Automation Tooling Systems Inc. (TSE:ATA) Trading At A 45% Discount?
Oct 14These 4 Measures Indicate That ATS Automation Tooling Systems (TSE:ATA) Is Using Debt Reasonably Well
Aug 04With EPS Growth And More, ATS Automation Tooling Systems (TSE:ATA) Makes An Interesting Case
Jul 21ATS Automation Tooling Systems Inc.'s (TSE:ATA) Intrinsic Value Is Potentially 96% Above Its Share Price
Jul 08Should You Investigate ATS Automation Tooling Systems Inc. (TSE:ATA) At CA$36.87?
Jun 09Is ATS Automation Tooling Systems (TSE:ATA) A Risky Investment?
Apr 25Is Now The Time To Put ATS Automation Tooling Systems (TSE:ATA) On Your Watchlist?
Apr 11Are Investors Undervaluing ATS Automation Tooling Systems Inc. (TSE:ATA) By 33%?
Mar 28Does ATS Automation Tooling Systems (TSE:ATA) Have A Healthy Balance Sheet?
Jan 20If You Like EPS Growth Then Check Out ATS Automation Tooling Systems (TSE:ATA) Before It's Too Late
Jan 06ATS Automation Tooling Systems Inc.'s (TSE:ATA) Intrinsic Value Is Potentially 39% Above Its Share Price
Dec 24Should You Think About Buying ATS Automation Tooling Systems Inc. (TSE:ATA) Now?
Nov 26ATS Automation Tooling Systems (TSE:ATA) Is Doing The Right Things To Multiply Its Share Price
Nov 14We Think ATS Automation Tooling Systems (TSE:ATA) Can Stay On Top Of Its Debt
Oct 21I Ran A Stock Scan For Earnings Growth And ATS Automation Tooling Systems (TSE:ATA) Passed With Ease
Sep 27Calculating The Fair Value Of ATS Automation Tooling Systems Inc. (TSE:ATA)
Sep 15What Does ATS Automation Tooling Systems Inc.'s (TSE:ATA) Share Price Indicate?
Aug 18Financial Position Analysis
Short Term Liabilities: ATS's short term assets (CA$1.8B) exceed its short term liabilities (CA$1.1B).
Long Term Liabilities: ATS's short term assets (CA$1.8B) exceed its long term liabilities (CA$1.5B).
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 44.6% to 76.7% over the past 5 years.
Debt Coverage: ATS's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: ATS's interest payments on its debt are well covered by EBIT (4.8x coverage).