ATI Balance Sheet Health
Financial Health criteria checks 3/6
ATI has a total shareholder equity of $1.4B and total debt of $2.1B, which brings its debt-to-equity ratio to 153.5%. Its total assets and total liabilities are $4.7B and $3.4B respectively. ATI's EBIT is $412.9M making its interest coverage ratio 4.9. It has cash and short-term investments of $434.1M.
Key information
153.5%
Debt to equity ratio
US$2.08b
Debt
Interest coverage ratio | 4.9x |
Cash | US$434.10m |
Equity | US$1.36b |
Total liabilities | US$3.38b |
Total assets | US$4.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATD's short term assets ($2.6B) exceed its short term liabilities ($829.3M).
Long Term Liabilities: ATD's short term assets ($2.6B) exceed its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: ATD's net debt to equity ratio (121.5%) is considered high.
Reducing Debt: ATD's debt to equity ratio has increased from 74.5% to 153.5% over the past 5 years.
Debt Coverage: ATD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ATD's interest payments on its debt are well covered by EBIT (4.9x coverage).