AMETEK Balance Sheet Health
Financial Health criteria checks 4/6
AMETEK has a total shareholder equity of $8.7B and total debt of $3.3B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are $15.0B and $6.3B respectively. AMETEK's EBIT is $1.7B making its interest coverage ratio 24.5. It has cash and short-term investments of $409.8M.
Key information
38.0%
Debt to equity ratio
US$3.31b
Debt
Interest coverage ratio | 24.5x |
Cash | US$409.80m |
Equity | US$8.73b |
Total liabilities | US$6.29b |
Total assets | US$15.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AK1's short term assets ($2.8B) do not cover its short term liabilities ($2.9B).
Long Term Liabilities: AK1's short term assets ($2.8B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: AK1's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: AK1's debt to equity ratio has reduced from 62.1% to 38% over the past 5 years.
Debt Coverage: AK1's debt is well covered by operating cash flow (52.4%).
Interest Coverage: AK1's interest payments on its debt are well covered by EBIT (24.5x coverage).