Rayonier Advanced Materials Balance Sheet Health
Financial Health criteria checks 3/6
Rayonier Advanced Materials has a total shareholder equity of $732.7M and total debt of $772.2M, which brings its debt-to-equity ratio to 105.4%. Its total assets and total liabilities are $2.2B and $1.4B respectively. Rayonier Advanced Materials's EBIT is $68.6M making its interest coverage ratio 0.8. It has cash and short-term investments of $136.1M.
Key information
105.4%
Debt to equity ratio
US$772.22m
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$136.09m |
| Equity | US$732.71m |
| Total liabilities | US$1.43b |
| Total assets | US$2.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RYQ's short term assets ($629.0M) exceed its short term liabilities ($363.9M).
Long Term Liabilities: RYQ's short term assets ($629.0M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: RYQ's net debt to equity ratio (86.8%) is considered high.
Reducing Debt: RYQ's debt to equity ratio has reduced from 192.8% to 105.4% over the past 5 years.
Debt Coverage: RYQ's debt is well covered by operating cash flow (26.3%).
Interest Coverage: RYQ's interest payments on its debt are not well covered by EBIT (0.8x coverage).