Art's-Way Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
Art's-Way Manufacturing has a total shareholder equity of $11.3M and total debt of $6.5M, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are $23.5M and $12.2M respectively. Art's-Way Manufacturing's EBIT is $29.0K making its interest coverage ratio 0. It has cash and short-term investments of $5.1K.
Key information
57.9%
Debt to equity ratio
US$6.53m
Debt
| Interest coverage ratio | 0.05x |
| Cash | US$5.12k |
| Equity | US$11.27m |
| Total liabilities | US$12.20m |
| Total assets | US$23.47m |
Recent financial health updates
Art's-Way Manufacturing (NASDAQ:ARTW) Has No Shortage Of Debt
Aug 22
Does Art's-Way Manufacturing (NASDAQ:ARTW) Have A Healthy Balance Sheet?
Oct 13Does Art's-Way Manufacturing (NASDAQ:ARTW) Have A Healthy Balance Sheet?
Jan 12Art's-Way Manufacturing (NASDAQ:ARTW) Use Of Debt Could Be Considered Risky
Oct 06Here's Why Art's-Way Manufacturing (NASDAQ:ARTW) Can Afford Some Debt
Feb 09Art's-Way Manufacturing (NASDAQ:ARTW) Is Carrying A Fair Bit Of Debt
Oct 06Recent updates
Art's-Way Manufacturing Co., Inc. (NASDAQ:ARTW) Stock Rockets 46% But Many Are Still Ignoring The Company
Aug 24Art's-Way Manufacturing (NASDAQ:ARTW) Has No Shortage Of Debt
Aug 22Here's Why Art's-Way Manufacturing (NASDAQ:ARTW) Has Caught The Eye Of Investors
Mar 15Does Art's-Way Manufacturing (NASDAQ:ARTW) Have A Healthy Balance Sheet?
Oct 13Returns At Art's-Way Manufacturing (NASDAQ:ARTW) Are On The Way Up
Apr 07Does Art's-Way Manufacturing (NASDAQ:ARTW) Have A Healthy Balance Sheet?
Jan 12Art's-Way Manufacturing (NASDAQ:ARTW) Use Of Debt Could Be Considered Risky
Oct 06Art's-Way Manufacturing (NASDAQ:ARTW) Is Looking To Continue Growing Its Returns On Capital
Aug 25Art's-Way Manufacturing GAAP EPS of $0.04, revenue of $7.28M
Jul 07Here's Why Art's-Way Manufacturing (NASDAQ:ARTW) Can Afford Some Debt
Feb 09Art's-Way Manufacturing (NASDAQ:ARTW) Is Carrying A Fair Bit Of Debt
Oct 06Calculating The Intrinsic Value Of Art's-Way Manufacturing Co., Inc. (NASDAQ:ARTW)
May 27Art's-Way Manufacturing (NASDAQ:ARTW) Is Carrying A Fair Bit Of Debt
Apr 05Is Art's-Way Manufacturing (NASDAQ:ARTW) A Risky Investment?
Dec 21Financial Position Analysis
Short Term Liabilities: ARTW's short term assets ($14.0M) exceed its short term liabilities ($9.1M).
Long Term Liabilities: ARTW's short term assets ($14.0M) exceed its long term liabilities ($3.1M).
Debt to Equity History and Analysis
Debt Level: ARTW's net debt to equity ratio (57.9%) is considered high.
Reducing Debt: ARTW's debt to equity ratio has increased from 45% to 57.9% 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 ARTW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ARTW is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.4% per year.