AdvanSix Balance Sheet Health
Financial Health criteria checks 5/6
AdvanSix has a total shareholder equity of $766.4M and total debt of $215.0M, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are $1.5B and $743.8M respectively. AdvanSix's EBIT is $63.1M making its interest coverage ratio 5.6. It has cash and short-term investments of $17.3M.
Key information
28.1%
Debt to equity ratio
US$215.00m
Debt
| Interest coverage ratio | 5.6x |
| Cash | US$17.30m |
| Equity | US$766.41m |
| Total liabilities | US$743.83m |
| Total assets | US$1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASIX *'s short term assets ($395.8M) exceed its short term liabilities ($295.1M).
Long Term Liabilities: ASIX *'s short term assets ($395.8M) do not cover its long term liabilities ($448.7M).
Debt to Equity History and Analysis
Debt Level: ASIX *'s net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: ASIX *'s debt to equity ratio has reduced from 63.8% to 28.1% over the past 5 years.
Debt Coverage: ASIX *'s debt is well covered by operating cash flow (61.1%).
Interest Coverage: ASIX *'s interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/02 08:55 |
| End of Day Share Price | 2024/08/05 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
AdvanSix Inc. is covered by 5 analysts. 2 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 |
|---|---|
| Robert Labick | CJS Securities, Inc. |
| David Silver | CL King & Associates, Inc. |
| Charles Neivert | Piper Sandler Companies |