Art's-Way Manufacturing Balance Sheet Health
Financial Health criteria checks 2/6
Art's-Way Manufacturing has a total shareholder equity of $11.2M and total debt of $7.6M, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are $24.3M and $13.0M respectively. Art's-Way Manufacturing's EBIT is $607.7K making its interest coverage ratio 0.9. It has cash and short-term investments of $2.5K.
Key information
67.8%
Debt to equity ratio
US$7.59m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$2.49k |
| Equity | US$11.20m |
| Total liabilities | US$13.05m |
| Total assets | US$24.25m |
Recent financial health updates
Does Art's-Way Manufacturing (NASDAQ:ARTW) Have A Healthy Balance Sheet?
Oct 13
Does 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 06Art's-Way Manufacturing (NASDAQ:ARTW) Is Carrying A Fair Bit Of Debt
Apr 05Recent updates
Here'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 ($14.7M) exceed its short term liabilities ($9.7M).
Long Term Liabilities: ARTW's short term assets ($14.7M) exceed its long term liabilities ($3.3M).
Debt to Equity History and Analysis
Debt Level: ARTW's net debt to equity ratio (67.7%) is considered high.
Reducing Debt: ARTW's debt to equity ratio has increased from 49.2% to 67.8% 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: Insufficient data to determine if ARTW has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ARTW has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.