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).