AZZ Balance Sheet Health
Financial Health criteria checks 2/6
AZZ has a total shareholder equity of $934.5M and total debt of $952.7M, which brings its debt-to-equity ratio to 102%. Its total assets and total liabilities are $2.2B and $1.3B respectively. AZZ's EBIT is $221.6M making its interest coverage ratio 2.1. It has cash and short-term investments of $4.3M.
Key information
102.0%
Debt to equity ratio
US$952.74m
Debt
Interest coverage ratio | 2.1x |
Cash | US$4.35m |
Equity | US$934.49m |
Total liabilities | US$1.26b |
Total assets | US$2.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AI7's short term assets ($367.0M) exceed its short term liabilities ($194.3M).
Long Term Liabilities: AI7's short term assets ($367.0M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: AI7's net debt to equity ratio (101.5%) is considered high.
Reducing Debt: AI7's debt to equity ratio has increased from 39.9% to 102% over the past 5 years.
Debt Coverage: AI7's debt is well covered by operating cash flow (25.7%).
Interest Coverage: AI7's interest payments on its debt are not well covered by EBIT (2.1x coverage).