ATI Balance Sheet Health
Financial Health criteria checks 4/6
ATI has a total shareholder equity of $1.9B and total debt of $1.8B, which brings its debt-to-equity ratio to 93.4%. Its total assets and total liabilities are $5.1B and $3.2B respectively. ATI's EBIT is $436.5M making its interest coverage ratio 3.9. It has cash and short-term investments of $406.6M.
Key information
93.4%
Debt to equity ratio
US$1.79b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$406.60m |
| Equity | US$1.91b |
| Total liabilities | US$3.15b |
| Total assets | US$5.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATD's short term assets ($2.8B) exceed its short term liabilities ($945.3M).
Long Term Liabilities: ATD's short term assets ($2.8B) exceed its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: ATD's net debt to equity ratio (72.1%) is considered high.
Reducing Debt: ATD's debt to equity ratio has increased from 67.7% to 93.4% over the past 5 years.
Debt Coverage: ATD's debt is well covered by operating cash flow (24.8%).
Interest Coverage: ATD's interest payments on its debt are well covered by EBIT (3.9x coverage).