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 151%. Its total assets and total liabilities are $4.8B and $3.4B respectively. ATI's EBIT is $406.6M making its interest coverage ratio 4.1. It has cash and short-term investments of $394.8M.
Key information
151.0%
Debt to equity ratio
US$2.07b
Debt
Interest coverage ratio | 4.1x |
Cash | US$394.80m |
Equity | US$1.37b |
Total liabilities | US$3.41b |
Total assets | US$4.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATD's short term assets ($2.5B) exceed its short term liabilities ($897.1M).
Long Term Liabilities: ATD's short term assets ($2.5B) exceed its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: ATD's net debt to equity ratio (122.2%) is considered high.
Reducing Debt: ATD's debt to equity ratio has increased from 75.1% to 151% over the past 5 years.
Debt Coverage: ATD's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: ATD's interest payments on its debt are well covered by EBIT (4.1x coverage).