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$1.6B, which brings its debt-to-equity ratio to 97.1%. Its total assets and total liabilities are CA$4.4B and CA$2.7B respectively. ATS's EBIT is CA$295.1M making its interest coverage ratio 3.7. It has cash and short-term investments of CA$247.7M.
Key information
97.1%
Debt to equity ratio
CA$1.64b
Debt
| Interest coverage ratio | 3.7x |
| Cash | CA$247.71m |
| Equity | CA$1.69b |
| Total liabilities | CA$2.74b |
| Total assets | CA$4.43b |
Recent financial health updates
These 4 Measures Indicate That ATS (TSE:ATS) Is Using Debt Reasonably Well
Jun 05
ATS (TSE:ATS) Has A Pretty Healthy Balance Sheet
Jan 03ATS (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 04Recent updates
What ATS Corporation's (TSE:ATS) P/E Is Not Telling You
Dec 23Is It Too Late To Consider Buying ATS Corporation (TSE:ATS)?
Dec 05Investors Can Find Comfort In ATS' (TSE:ATS) Earnings Quality
Nov 14An Intrinsic Calculation For ATS Corporation (TSE:ATS) Suggests It's 25% Undervalued
Nov 09With EPS Growth And More, ATS (TSE:ATS) Makes An Interesting Case
Oct 22ATS Corporation's (TSE:ATS) Shareholders Might Be Looking For Exit
Sep 13Is There Now An Opportunity In ATS Corporation (TSE:ATS)?
Aug 26Estimating The Intrinsic Value Of ATS Corporation (TSE:ATS)
Jul 02Here's Why We Think ATS (TSE:ATS) Might Deserve Your Attention Today
Jun 18These 4 Measures Indicate That ATS (TSE:ATS) Is Using Debt Reasonably Well
Jun 05Is Now The Time To Look At Buying ATS Corporation (TSE:ATS)?
May 12Here'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 09Financial Position Analysis
Short Term Liabilities: ATS's short term assets (CA$1.9B) exceed its short term liabilities (CA$907.1M).
Long Term Liabilities: ATS's short term assets (CA$1.9B) exceed its long term liabilities (CA$1.8B).
Debt to Equity History and Analysis
Debt Level: ATS's net debt to equity ratio (82.4%) is considered high.
Reducing Debt: ATS's debt to equity ratio has increased from 40.3% to 97.1% over the past 5 years.
Debt Coverage: ATS's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: ATS's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:55 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ATS Corporation is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Tyerman | Canaccord Genuity |
| Neil Linsdell | Cantor Fitzgerald Canada Corporation |
| Michael Willemse | CIBC Capital Markets |