Arconic Balance Sheet Health
Financial Health criteria checks 4/6
Arconic has a total shareholder equity of $1.5B and total debt of $1.6B, which brings its debt-to-equity ratio to 107.7%. Its total assets and total liabilities are $6.0B and $4.6B respectively. Arconic's EBIT is $277.0M making its interest coverage ratio 2.8. It has cash and short-term investments of $266.0M.
Key information
107.7%
Debt to equity ratio
US$1.60b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$266.00m |
| Equity | US$1.48b |
| Total liabilities | US$4.56b |
| Total assets | US$6.05b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARNC1 *'s short term assets ($3.1B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: ARNC1 *'s short term assets ($3.1B) exceed its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: ARNC1 *'s net debt to equity ratio (89.8%) is considered high.
Reducing Debt: ARNC1 *'s debt to equity ratio has increased from 10.9% to 107.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ARNC1 * has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ARNC1 * is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.6% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/08/19 14:11 |
| End of Day Share Price | 2023/06/28 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Arconic Corporation is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Joshua Sullivan | Benchmark Company |
| Curtis Woodworth | Credit Suisse |