American States Water Balance Sheet Health
Financial Health criteria checks 1/6
American States Water has a total shareholder equity of $879.5M and total debt of $937.6M, which brings its debt-to-equity ratio to 106.6%. Its total assets and total liabilities are $2.4B and $1.5B respectively. American States Water's EBIT is $183.4M making its interest coverage ratio 4.3. It has cash and short-term investments of $16.5M.
Key information
106.6%
Debt to equity ratio
US$937.63m
Debt
| Interest coverage ratio | 4.3x |
| Cash | US$16.47m |
| Equity | US$879.47m |
| Total liabilities | US$1.54b |
| Total assets | US$2.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FDK's short term assets ($222.4M) do not cover its short term liabilities ($321.4M).
Long Term Liabilities: FDK's short term assets ($222.4M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: FDK's net debt to equity ratio (104.7%) is considered high.
Reducing Debt: FDK's debt to equity ratio has increased from 79.8% to 106.6% over the past 5 years.
Debt Coverage: FDK's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: FDK's interest payments on its debt are well covered by EBIT (4.3x coverage).