AMG Critical Materials Balance Sheet Health
Financial Health criteria checks 4/6
AMG Critical Materials has a total shareholder equity of $606.0M and total debt of $669.5M, which brings its debt-to-equity ratio to 110.5%. Its total assets and total liabilities are $2.0B and $1.4B respectively. AMG Critical Materials's EBIT is $267.5M making its interest coverage ratio 9.3. It has cash and short-term investments of $345.4M.
Key information
110.5%
Debt to equity ratio
US$669.51m
Debt
Interest coverage ratio | 9.3x |
Cash | US$345.37m |
Equity | US$606.00m |
Total liabilities | US$1.36b |
Total assets | US$1.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADG's short term assets ($882.7M) exceed its short term liabilities ($473.3M).
Long Term Liabilities: ADG's short term assets ($882.7M) do not cover its long term liabilities ($883.5M).
Debt to Equity History and Analysis
Debt Level: ADG's net debt to equity ratio (53.5%) is considered high.
Reducing Debt: ADG's debt to equity ratio has reduced from 111.3% to 110.5% over the past 5 years.
Debt Coverage: ADG's debt is well covered by operating cash flow (33.3%).
Interest Coverage: ADG's interest payments on its debt are well covered by EBIT (9.3x coverage).