Astec Industries Balance Sheet Health
Financial Health criteria checks 5/6
Astec Industries has a total shareholder equity of $653.7M and total debt of $83.1M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are $1.1B and $405.6M respectively. Astec Industries's EBIT is $91.3M making its interest coverage ratio 13.4. It has cash and short-term investments of $68.9M.
Key information
12.7%
Debt to equity ratio
US$83.10m
Debt
| Interest coverage ratio | 13.4x |
| Cash | US$68.90m |
| Equity | US$653.70m |
| Total liabilities | US$405.60m |
| Total assets | US$1.06b |
Recent financial health updates
Astec Industries (NASDAQ:ASTE) Has A Pretty Healthy Balance Sheet
Apr 25
We Think Astec Industries (NASDAQ:ASTE) Can Stay On Top Of Its Debt
Sep 27Here's Why Astec Industries (NASDAQ:ASTE) Can Manage Its Debt Responsibly
Jan 09Is Astec Industries (NASDAQ:ASTE) A Risky Investment?
Apr 20Recent updates
Astec Industries (NASDAQ:ASTE) Has A Pretty Healthy Balance Sheet
Apr 25Astec: ERP Implementation, Transformative Efforts, And New Products Imply Undervaluation
Mar 05Astec Industries, Inc.'s (NASDAQ:ASTE) Share Price Is Matching Sentiment Around Its Revenues
Feb 29Is There Now An Opportunity In Astec Industries, Inc. (NASDAQ:ASTE)?
Jan 26Astec Industries (NASDAQ:ASTE) Is Looking To Continue Growing Its Returns On Capital
Dec 14Astec Industries, Inc. (NASDAQ:ASTE) Shares Could Be 30% Below Their Intrinsic Value Estimate
Nov 03We Think Astec Industries (NASDAQ:ASTE) Can Stay On Top Of Its Debt
Sep 27At US$54.82, Is Astec Industries, Inc. (NASDAQ:ASTE) Worth Looking At Closely?
Sep 01An Intrinsic Calculation For Astec Industries, Inc. (NASDAQ:ASTE) Suggests It's 35% Undervalued
Jul 17Be Wary Of Astec Industries (NASDAQ:ASTE) And Its Returns On Capital
Jul 01Astec Industries' (NASDAQ:ASTE) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 30Capital Allocation Trends At Astec Industries (NASDAQ:ASTE) Aren't Ideal
Apr 01At US$49.27, Is It Time To Put Astec Industries, Inc. (NASDAQ:ASTE) On Your Watch List?
Mar 04Here's Why Astec Industries (NASDAQ:ASTE) Can Manage Its Debt Responsibly
Jan 09Capital Allocation Trends At Astec Industries (NASDAQ:ASTE) Aren't Ideal
Dec 12Astec Industries' (NASDAQ:ASTE) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 01Returns On Capital Signal Difficult Times Ahead For Astec Industries (NASDAQ:ASTE)
Aug 27Astec goes ex-dividend tomorrow
Aug 10Astec Industries (NASDAQ:ASTE) Is Paying Out A Dividend Of $0.12
Aug 05Astec Non-GAAP EPS of $0.19 misses by $0.33, revenue of $318.2M beats by $9.5M
Aug 02Is There Now An Opportunity In Astec Industries, Inc. (NASDAQ:ASTE)?
Jun 14Astec Industries (NASDAQ:ASTE) Will Be Hoping To Turn Its Returns On Capital Around
May 19Astec Industries (NASDAQ:ASTE) Has Re-Affirmed Its Dividend Of US$0.12
May 06Is Astec Industries (NASDAQ:ASTE) A Risky Investment?
Apr 20An Intrinsic Calculation For Astec Industries, Inc. (NASDAQ:ASTE) Suggests It's 35% Undervalued
Apr 06Astec Industries (NASDAQ:ASTE) Has Re-Affirmed Its Dividend Of US$0.12
Mar 08Is It Time To Consider Buying Astec Industries, Inc. (NASDAQ:ASTE)?
Feb 09These Return Metrics Don't Make Astec Industries (NASDAQ:ASTE) Look Too Strong
Jan 10Is Astec Industries, Inc. (NASDAQ:ASTE) Trading At A 48% Discount?
Dec 28Should You Be Adding Astec Industries (NASDAQ:ASTE) To Your Watchlist Today?
Dec 08Astec Industries (NASDAQ:ASTE) Has Announced A Dividend Of US$0.12
Nov 05Why Astec Industries, Inc. (NASDAQ:ASTE) Could Be Worth Watching
Nov 03Financial Position Analysis
Short Term Liabilities: ASTE's short term assets ($719.5M) exceed its short term liabilities ($299.0M).
Long Term Liabilities: ASTE's short term assets ($719.5M) exceed its long term liabilities ($106.6M).
Debt to Equity History and Analysis
Debt Level: ASTE's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: ASTE's debt to equity ratio has increased from 10.3% to 12.7% over the past 5 years.
Debt Coverage: ASTE's debt is well covered by operating cash flow (33.5%).
Interest Coverage: ASTE's interest payments on its debt are well covered by EBIT (13.4x coverage).