Rayonier Advanced Materials Balance Sheet Health
Financial Health criteria checks 2/6
Rayonier Advanced Materials has a total shareholder equity of $746.4M and total debt of $776.1M, which brings its debt-to-equity ratio to 104%. Its total assets and total liabilities are $2.2B and $1.4B respectively. Rayonier Advanced Materials's EBIT is $6.6M making its interest coverage ratio 0.1. It has cash and short-term investments of $75.8M.
Key information
104.0%
Debt to equity ratio
US$776.10m
Debt
Interest coverage ratio | 0.09x |
Cash | US$75.77m |
Equity | US$746.45m |
Total liabilities | US$1.44b |
Total assets | US$2.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RYQ's short term assets ($575.1M) exceed its short term liabilities ($375.8M).
Long Term Liabilities: RYQ's short term assets ($575.1M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: RYQ's net debt to equity ratio (93.8%) is considered high.
Reducing Debt: RYQ's debt to equity ratio has reduced from 167.6% to 104% over the past 5 years.
Debt Coverage: RYQ's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: RYQ's interest payments on its debt are not well covered by EBIT (0.1x coverage).