Applied Industrial Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Applied Industrial Technologies has a total shareholder equity of $1.8B and total debt of $597.3M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are $3.0B and $1.3B respectively. Applied Industrial Technologies's EBIT is $488.2M making its interest coverage ratio 552.3. It has cash and short-term investments of $538.5M.
Key information
34.1%
Debt to equity ratio
US$597.29m
Debt
| Interest coverage ratio | 552.3x |
| Cash | US$538.52m |
| Equity | US$1.75b |
| Total liabilities | US$1.25b |
| Total assets | US$3.00b |
Recent financial health updates
Does Applied Industrial Technologies (NYSE:AIT) Have A Healthy Balance Sheet?
Oct 21
Is Applied Industrial Technologies (NYSE:AIT) Using Too Much Debt?
Jun 08Applied Industrial Technologies (NYSE:AIT) Has A Rock Solid Balance Sheet
Jan 15Recent updates
Unpleasant Surprises Could Be In Store For Applied Industrial Technologies, Inc.'s (NYSE:AIT) Shares
Dec 31Applied Industrial Technologies (NYSE:AIT) Is Looking To Continue Growing Its Returns On Capital
Dec 16Does Applied Industrial Technologies (NYSE:AIT) Deserve A Spot On Your Watchlist?
Dec 01Calculating The Fair Value Of Applied Industrial Technologies, Inc. (NYSE:AIT)
Nov 07Applied Industrial Technologies Can Continue To Outperform
Nov 06Does Applied Industrial Technologies (NYSE:AIT) Have A Healthy Balance Sheet?
Oct 21Should You Think About Buying Applied Industrial Technologies, Inc. (NYSE:AIT) Now?
Sep 15Investor Optimism Abounds Applied Industrial Technologies, Inc. (NYSE:AIT) But Growth Is Lacking
Sep 03Why The 20% Return On Capital At Applied Industrial Technologies (NYSE:AIT) Should Have Your Attention
Aug 22Applied Industrial Technologies: Another Year Of Stagnation
Aug 15Is Now The Time To Put Applied Industrial Technologies (NYSE:AIT) On Your Watchlist?
Aug 10A Look At The Fair Value Of Applied Industrial Technologies, Inc. (NYSE:AIT)
Jul 29Is Applied Industrial Technologies (NYSE:AIT) Using Too Much Debt?
Jun 08Some Confidence Is Lacking In Applied Industrial Technologies, Inc.'s (NYSE:AIT) P/E
May 27Applied Industrial Technologies: Growth Should Accelerate
May 21Under The Bonnet, Applied Industrial Technologies' (NYSE:AIT) Returns Look Impressive
May 13Is Now The Time To Put Applied Industrial Technologies (NYSE:AIT) On Your Watchlist?
May 01Calculating The Intrinsic Value Of Applied Industrial Technologies, Inc. (NYSE:AIT)
Apr 18At US$197, Is Applied Industrial Technologies, Inc. (NYSE:AIT) Worth Looking At Closely?
Mar 25Applied Industrial Technologies: Good Growth Prospects Ahead
Mar 04The Trend Of High Returns At Applied Industrial Technologies (NYSE:AIT) Has Us Very Interested
Feb 11Applied Industrial Technologies (NYSE:AIT) Is Increasing Its Dividend To $0.37
Jan 28Applied Industrial Technologies (NYSE:AIT) Has A Rock Solid Balance Sheet
Jan 15Applied Industrial Technologies, Inc.'s (NYSE:AIT) Shareholders Might Be Looking For Exit
Jan 02Applied Industrial Technologies: The Uptrend Should Continue
Dec 17Applied Industrial Technologies: Slightly Expensive For Now
Oct 03Financial Position Analysis
Short Term Liabilities: AIT's short term assets ($1.8B) exceed its short term liabilities ($478.3M).
Long Term Liabilities: AIT's short term assets ($1.8B) exceed its long term liabilities ($772.8M).
Debt to Equity History and Analysis
Debt Level: AIT's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: AIT's debt to equity ratio has reduced from 102.8% to 34.1% over the past 5 years.
Debt Coverage: AIT's debt is well covered by operating cash flow (72.5%).
Interest Coverage: AIT's interest payments on its debt are well covered by EBIT (552.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 08:27 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Applied Industrial Technologies, Inc. is covered by 21 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Manthey | Baird |
| Holden Lewis | BB&T Capital Markets |
| null null | BB&T Capital Markets |