AZEK Balance Sheet Health
Financial Health criteria checks 5/6
AZEK has a total shareholder equity of $1.4B and total debt of $583.0M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are $2.3B and $947.7M respectively. AZEK's EBIT is $226.9M making its interest coverage ratio 6.8. It has cash and short-term investments of $348.4M.
Key information
41.9%
Debt to equity ratio
US$582.99m
Debt
| Interest coverage ratio | 6.8x |
| Cash | US$348.38m |
| Equity | US$1.39b |
| Total liabilities | US$947.72m |
| Total assets | US$2.34b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4N1's short term assets ($656.7M) exceed its short term liabilities ($214.0M).
Long Term Liabilities: 4N1's short term assets ($656.7M) do not cover its long term liabilities ($733.7M).
Debt to Equity History and Analysis
Debt Level: 4N1's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: 4N1's debt to equity ratio has reduced from 225.4% to 41.9% over the past 5 years.
Debt Coverage: 4N1's debt is well covered by operating cash flow (49.9%).
Interest Coverage: 4N1's interest payments on its debt are well covered by EBIT (6.8x coverage).