Atkore Balance Sheet Health
Financial Health criteria checks 6/6
Atkore has a total shareholder equity of $1.5B and total debt of $763.2M, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are $2.9B and $1.4B respectively. Atkore's EBIT is $837.7M making its interest coverage ratio 25. It has cash and short-term investments of $380.9M.
Key information
50.8%
Debt to equity ratio
US$763.23m
Debt
Interest coverage ratio | 25x |
Cash | US$380.92m |
Equity | US$1.50b |
Total liabilities | US$1.43b |
Total assets | US$2.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATKR *'s short term assets ($1.5B) exceed its short term liabilities ($505.4M).
Long Term Liabilities: ATKR *'s short term assets ($1.5B) exceed its long term liabilities ($927.7M).
Debt to Equity History and Analysis
Debt Level: ATKR *'s net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: ATKR *'s debt to equity ratio has reduced from 726.3% to 50.8% over the past 5 years.
Debt Coverage: ATKR *'s debt is well covered by operating cash flow (100.5%).
Interest Coverage: ATKR *'s interest payments on its debt are well covered by EBIT (25x coverage).