Applied Industrial Technologies

NYSE:AIT Stock Report

Mkt Cap: US$5.1b

Applied Industrial Technologies Financial Health

How is Applied Industrial Technologies's financial position?

[object Object] Score


Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AIT's short term assets ($1.4B) exceed its short term liabilities ($451.3M).

Long Term Liabilities: AIT's short term assets ($1.4B) exceed its long term liabilities ($801.5M).

Debt to Equity History and Analysis

Debt Level: AIT's net debt to equity ratio (41.1%) is considered high.

Reducing Debt: AIT's debt to equity ratio has increased from 37.6% to 53.2% over the past 5 years.

Debt Coverage: AIT's debt is well covered by operating cash flow (25.4%).

Interest Coverage: AIT's interest payments on its debt are well covered by EBIT (15.4x coverage).

Balance Sheet

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