Arconic Balance Sheet Health
Financial Health criteria checks 3/6
Arconic has a total shareholder equity of $1.6B and total debt of $1.7B, which brings its debt-to-equity ratio to 107.2%. Its total assets and total liabilities are $6.4B and $4.8B respectively. Arconic's EBIT is $343.0M making its interest coverage ratio 3.3. It has cash and short-term investments of $312.0M.
Key information
107.2%
Debt to equity ratio
US$1.75b
Debt
Interest coverage ratio | 3.3x |
Cash | US$312.00m |
Equity | US$1.63b |
Total liabilities | US$4.79b |
Total assets | US$6.42b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 47I's short term assets ($3.3B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: 47I's short term assets ($3.3B) exceed its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: 47I's net debt to equity ratio (88%) is considered high.
Reducing Debt: Insufficient data to determine if 47I's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 47I's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 47I's interest payments on its debt are well covered by EBIT (3.3x coverage).