AMETEK Balance Sheet Health
Financial Health criteria checks 5/6
AMETEK has a total shareholder equity of $9.6B and total debt of $2.3B, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are $14.8B and $5.2B respectively. AMETEK's EBIT is $1.8B making its interest coverage ratio 17.1. It has cash and short-term investments of $396.3M.
Key information
24.5%
Debt to equity ratio
US$2.34b
Debt
| Interest coverage ratio | 17.1x |
| Cash | US$396.27m |
| Equity | US$9.55b |
| Total liabilities | US$5.22b |
| Total assets | US$14.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AK1's short term assets ($2.7B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: AK1's short term assets ($2.7B) do not cover its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: AK1's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: AK1's debt to equity ratio has reduced from 49.9% to 24.5% over the past 5 years.
Debt Coverage: AK1's debt is well covered by operating cash flow (77.9%).
Interest Coverage: AK1's interest payments on its debt are well covered by EBIT (17.1x coverage).