AZZ Balance Sheet Health
Financial Health criteria checks 2/6
AZZ has a total shareholder equity of $999.8M and total debt of $913.3M, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are $2.2B and $1.2B respectively. AZZ's EBIT is $238.0M making its interest coverage ratio 2.5. It has cash and short-term investments of $2.2M.
Key information
91.3%
Debt to equity ratio
US$913.26m
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$2.15m |
| Equity | US$999.76m |
| Total liabilities | US$1.24b |
| Total assets | US$2.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AI7's short term assets ($401.2M) exceed its short term liabilities ($217.1M).
Long Term Liabilities: AI7's short term assets ($401.2M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: AI7's net debt to equity ratio (91.1%) is considered high.
Reducing Debt: AI7's debt to equity ratio has increased from 40.3% to 91.3% over the past 5 years.
Debt Coverage: AI7's debt is well covered by operating cash flow (26.9%).
Interest Coverage: AI7's interest payments on its debt are not well covered by EBIT (2.5x coverage).