ATCO Balance Sheet Health
Financial Health criteria checks 1/6
ATCO has a total shareholder equity of CA$8.6B and total debt of CA$11.5B, which brings its debt-to-equity ratio to 133.9%. Its total assets and total liabilities are CA$26.1B and CA$17.5B respectively. ATCO's EBIT is CA$1.2B making its interest coverage ratio 2.6. It has cash and short-term investments of CA$611.0M.
Key information
133.9%
Debt to equity ratio
CA$11.50b
Debt
| Interest coverage ratio | 2.6x |
| Cash | CA$611.00m |
| Equity | CA$8.59b |
| Total liabilities | CA$17.46b |
| Total assets | CA$26.05b |
Recent financial health updates
Is ATCO (TSE:ACO.X) Using Too Much Debt?
Nov 02
ATCO (TSE:ACO.X) Use Of Debt Could Be Considered Risky
Jul 23ATCO (TSE:ACO.X) Seems To Be Using A Lot Of Debt
Apr 16Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?
Oct 23Here's Why ATCO (TSE:ACO.X) Has A Meaningful Debt Burden
Jul 17ATCO (TSE:ACO.X) Takes On Some Risk With Its Use Of Debt
Oct 26Recent updates
With ATCO Ltd. (TSE:ACO.X) It Looks Like You'll Get What You Pay For
Dec 04Is ATCO (TSE:ACO.X) Using Too Much Debt?
Nov 02Is There An Opportunity With ATCO Ltd.'s (TSE:ACO.X) 24% Undervaluation?
Sep 14ATCO (TSE:ACO.X) Use Of Debt Could Be Considered Risky
Jul 23Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return
Jul 05ATCO Ltd. (TSE:ACO.X) Shares Could Be 27% Below Their Intrinsic Value Estimate
Jun 13ATCO (TSE:ACO.X) Seems To Be Using A Lot Of Debt
Apr 16ATCO Ltd.'s (TSE:ACO.X) Intrinsic Value Is Potentially 44% Above Its Share Price
Mar 15ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4898
Feb 09ATCO (TSE:ACO.X) Will Pay A Larger Dividend Than Last Year At CA$0.4898
Jan 19Here's Why We Think ATCO (TSE:ACO.X) Might Deserve Your Attention Today
Jan 02Return Trends At ATCO (TSE:ACO.X) Aren't Appealing
Dec 01Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?
Oct 23Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return
Aug 29Here's Why ATCO (TSE:ACO.X) Has A Meaningful Debt Burden
Jul 17A Look At The Intrinsic Value Of ATCO Ltd. (TSE:ACO.X)
Jun 10ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4756
May 07ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.4756
Apr 18Returns On Capital At ATCO (TSE:ACO.X) Have Stalled
Mar 30ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4756
Feb 07ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.4756
Jan 20Are Investors Undervaluing ATCO Ltd. (TSE:ACO.X) By 24%?
Nov 10ATCO (TSE:ACO.X) Takes On Some Risk With Its Use Of Debt
Oct 26Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return
Sep 29An Intrinsic Calculation For ATCO Ltd. (TSE:ACO.X) Suggests It's 43% Undervalued
Aug 06Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?
Jul 22ATCO (TSE:ACO.X) May Have Issues Allocating Its Capital
Jun 30Here's Why ATCO (TSE:ACO.X) Is Weighed Down By Its Debt Load
Apr 21These Return Metrics Don't Make ATCO (TSE:ACO.X) Look Too Strong
Mar 30Financial Position Analysis
Short Term Liabilities: ACO.X's short term assets (CA$1.9B) exceed its short term liabilities (CA$1.1B).
Long Term Liabilities: ACO.X's short term assets (CA$1.9B) do not cover its long term liabilities (CA$16.4B).
Debt to Equity History and Analysis
Debt Level: ACO.X's net debt to equity ratio (126.8%) is considered high.
Reducing Debt: ACO.X's debt to equity ratio has increased from 121.9% to 133.9% over the past 5 years.
Debt Coverage: ACO.X's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: ACO.X's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 13:01 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
ATCO Ltd. is covered by 12 analysts. 5 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 |
|---|---|
| Benjamin Pham | BMO Capital Markets Equity Research |
| David Noseworthy | CIBC Capital Markets |
| Andrew Kuske | Credit Suisse |