AdvanSix Balance Sheet Health
Financial Health criteria checks 6/6
AdvanSix has a total shareholder equity of $739.2M and total debt of $170.0M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are $1.5B and $756.8M respectively. AdvanSix's EBIT is $69.6M making its interest coverage ratio 9.3. It has cash and short-term investments of $29.8M.
Key information
23.0%
Debt to equity ratio
US$170.00m
Debt
Interest coverage ratio | 9.3x |
Cash | US$29.77m |
Equity | US$739.24m |
Total liabilities | US$756.78m |
Total assets | US$1.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 960's short term assets ($419.8M) exceed its short term liabilities ($358.9M).
Long Term Liabilities: 960's short term assets ($419.8M) exceed its long term liabilities ($397.9M).
Debt to Equity History and Analysis
Debt Level: 960's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: 960's debt to equity ratio has reduced from 47.6% to 23% over the past 5 years.
Debt Coverage: 960's debt is well covered by operating cash flow (69.1%).
Interest Coverage: 960's interest payments on its debt are well covered by EBIT (9.3x coverage).