Astec Industries Financial Health
How is Astec Industries's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ASTE's short term assets ($649.6M) exceed its short term liabilities ($283.9M).
Long Term Liabilities: ASTE's short term assets ($649.6M) exceed its long term liabilities ($32.6M).
Debt to Equity History and Analysis
Debt Level: ASTE has more cash than its total debt.
Reducing Debt: ASTE's debt to equity ratio has increased from 0.7% to 1.6% over the past 5 years.
Debt Coverage: ASTE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ASTE's interest payments on its debt are well covered by EBIT (8.2x coverage).