AdvanSix Balance Sheet Health

Financial Health criteria checks 5/6

AdvanSix has a total shareholder equity of $766.4M and total debt of $215.0M, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are $1.5B and $743.8M respectively. AdvanSix's EBIT is $63.1M making its interest coverage ratio 5.6. It has cash and short-term investments of $17.3M.

Key information

28.1%

Debt to equity ratio

US$215.00m

Debt

Interest coverage ratio5.6x
CashUS$17.30m
EquityUS$766.41m
Total liabilitiesUS$743.83m
Total assetsUS$1.51b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 960's short term assets ($395.8M) exceed its short term liabilities ($295.1M).

Long Term Liabilities: 960's short term assets ($395.8M) do not cover its long term liabilities ($448.7M).


Debt to Equity History and Analysis

Debt Level: 960's net debt to equity ratio (25.8%) is considered satisfactory.

Reducing Debt: 960's debt to equity ratio has reduced from 63.8% to 28.1% over the past 5 years.

Debt Coverage: 960's debt is well covered by operating cash flow (61.1%).

Interest Coverage: 960's interest payments on its debt are well covered by EBIT (5.6x coverage).


Balance Sheet


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