American States Water Balance Sheet Health
Financial Health criteria checks 2/6
American States Water has a total shareholder equity of $776.1M and total debt of $909.4M, which brings its debt-to-equity ratio to 117.2%. Its total assets and total liabilities are $2.2B and $1.5B respectively. American States Water's EBIT is $198.2M making its interest coverage ratio 5.6. It has cash and short-term investments of $14.1M.
Key information
117.2%
Debt to equity ratio
US$909.41m
Debt
Interest coverage ratio | 5.6x |
Cash | US$14.07m |
Equity | US$776.11m |
Total liabilities | US$1.47b |
Total assets | US$2.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FDK's short term assets ($206.0M) exceed its short term liabilities ($166.6M).
Long Term Liabilities: FDK's short term assets ($206.0M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: FDK's net debt to equity ratio (115.4%) is considered high.
Reducing Debt: FDK's debt to equity ratio has increased from 74.7% to 117.2% over the past 5 years.
Debt Coverage: FDK's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: FDK's interest payments on its debt are well covered by EBIT (5.6x coverage).