This company has been acquired
The company may no longer be operating, as it has been acquired. Find out why through their latest events.
Altra Industrial Motion Balance Sheet Health
Financial Health criteria checks 3/6
Key information
52.1%
Debt to equity ratio
US$1.04b
Debt
| Interest coverage ratio | 5x |
| Cash | US$208.90m |
| Equity | US$2.00b |
| Total liabilities | US$1.67b |
| Total assets | US$3.68b |
Recent financial health updates
We Think Altra Industrial Motion (NASDAQ:AIMC) Is Taking Some Risk With Its Debt
Jul 10
We Think Altra Industrial Motion (NASDAQ:AIMC) Can Stay On Top Of Its Debt
Jan 05Here's Why Altra Industrial Motion (NASDAQ:AIMC) Can Manage Its Debt Responsibly
Sep 18Does Altra Industrial Motion (NASDAQ:AIMC) Have A Healthy Balance Sheet?
Jun 05Altra Industrial Motion (NASDAQ:AIMC) Takes On Some Risk With Its Use Of Debt
Jan 21Recent updates
Estimating The Intrinsic Value Of Altra Industrial Motion Corp. (NASDAQ:AIMC)
Oct 04Altra Industrial Motion (NASDAQ:AIMC) Is Paying Out A Dividend Of $0.09
Aug 12Altra Industrial Motion (NASDAQ:AIMC) Has Announced A Dividend Of $0.09
Jul 29Altra Industrial Motion declares $0.09 dividend
Jul 25Altra Industrial: Beneficial Outlook, And The Stock Appears Cheap
Jul 18We Think Altra Industrial Motion (NASDAQ:AIMC) Is Taking Some Risk With Its Debt
Jul 10Altra Industrial Motion (NASDAQ:AIMC) Will Pay A Larger Dividend Than Last Year At US$0.09
May 13Altra Industrial Motion Hit Hard By Adverse End-Market Exposures And Near-Term Margin Weakness
Mar 04We Think Altra Industrial Motion (NASDAQ:AIMC) Can Stay On Top Of Its Debt
Jan 05Altra Industrial Motion Corp.'s (NASDAQ:AIMC) Intrinsic Value Is Potentially 52% Above Its Share Price
Dec 06Here's Why Altra Industrial Motion (NASDAQ:AIMC) Can Manage Its Debt Responsibly
Sep 18An Intrinsic Calculation For Altra Industrial Motion Corp. (NASDAQ:AIMC) Suggests It's 23% Undervalued
Aug 23Altra Industrial Motion Not Just A Play On Recovery Themes
Aug 12Does Altra Industrial Motion (NASDAQ:AIMC) Have A Healthy Balance Sheet?
Jun 05Are Altra Industrial Motion Corp. (NASDAQ:AIMC) Investors Paying Above The Intrinsic Value?
May 10Altra Industrial Motion Corp. 2021 Q1 - Results - Earnings Call Presentation
Apr 30Altra Industrial Motion increases dividend to $0.08
Apr 27Have Insiders Sold Altra Industrial Motion Corp. (NASDAQ:AIMC) Shares Recently?
Mar 19Don't Ignore The Fact That This Insider Just Sold Some Shares In Altra Industrial Motion Corp. (NASDAQ:AIMC)
Mar 04Altra Industrial Motion Corp. (NASDAQ:AIMC) Insiders Have Been Selling
Feb 16
Altra Industrial Motion (NASDAQ:AIMC) Takes On Some Risk With Its Use Of Debt
Jan 21Calculating The Intrinsic Value Of Altra Industrial Motion Corp. (NASDAQ:AIMC)
Dec 26Financial Position Analysis
Short Term Liabilities: AIMC's short term assets ($836.4M) exceed its short term liabilities ($377.3M).
Long Term Liabilities: AIMC's short term assets ($836.4M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: AIMC's net debt to equity ratio (41.7%) is considered high.
Reducing Debt: AIMC's debt to equity ratio has reduced from 74.6% to 52.1% over the past 5 years.
Debt Coverage: AIMC's debt is not well covered by operating cash flow (12%).
Interest Coverage: AIMC's interest payments on its debt are well covered by EBIT (5x coverage).