Atkore Balance Sheet Health
Financial Health criteria checks 6/6
Atkore has a total shareholder equity of $1.5B and total debt of $763.2M, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are $2.9B and $1.4B respectively. Atkore's EBIT is $837.7M making its interest coverage ratio 25. It has cash and short-term investments of $380.9M.
Key information
50.8%
Debt to equity ratio
US$763.23m
Debt
| Interest coverage ratio | 25x |
| Cash | US$380.92m |
| Equity | US$1.50b |
| Total liabilities | US$1.43b |
| Total assets | US$2.94b |
Recent financial health updates
These 4 Measures Indicate That Atkore (NYSE:ATKR) Is Using Debt Reasonably Well
Dec 26
Atkore (NYSE:ATKR) Has A Pretty Healthy Balance Sheet
Jun 11We Think Atkore (NYSE:ATKR) Can Manage Its Debt With Ease
Mar 12Does Atkore (NYSE:ATKR) Have A Healthy Balance Sheet?
Nov 29Atkore (NYSE:ATKR) Has A Rock Solid Balance Sheet
Aug 29Atkore (NYSE:ATKR) Has A Rock Solid Balance Sheet
May 31Recent updates
The Market Doesn't Like What It Sees From Atkore Inc.'s (NYSE:ATKR) Earnings Yet
Apr 14Atkore Inc. (NYSE:ATKR) Shares Could Be 21% Below Their Intrinsic Value Estimate
Mar 14Atkore (NYSE:ATKR) Is Investing Its Capital With Increasing Efficiency
Feb 17Atkore Just Became A Dividend Stock - And I Want In!
Feb 04Atkore: Don't Be Surprised If There's Double-Digit Growth In Coming Years
Jan 10Atkore: Long-Term Thesis Intact Despite Revenue Drop
Dec 29Atkore Inc.'s (NYSE:ATKR) Shares Bounce 28% But Its Business Still Trails The Market
Dec 28These 4 Measures Indicate That Atkore (NYSE:ATKR) Is Using Debt Reasonably Well
Dec 26Atkore: A Deep Dive Into Management, Growth Strategies, And Valuation Concerns
Dec 08Atkore Will Experience A Continued Downcycle
Nov 27Atkore: 'This Is Going To Be The Best Decade Ever'
Nov 19Atkore (NYSE:ATKR) Is Achieving High Returns On Its Capital
Nov 13Atkore: Not An Appealing Buy Going Into Earnings
Nov 13Atkore: Deep Value With A Moat
Sep 24Atkore: A Top-Tier Industrial Mid-Cap Play
Aug 27Atkore: When Boring Gets Interesting
Aug 12Atkore (NYSE:ATKR) Could Become A Multi-Bagger
Aug 09Unleashing The Power Of The Small: Atkore Vs. Encore Wire
Jul 03Calculating The Fair Value Of Atkore Inc. (NYSE:ATKR)
Jun 29Atkore (NYSE:ATKR) Has A Pretty Healthy Balance Sheet
Jun 11Here's Why We Think Atkore (NYSE:ATKR) Is Well Worth Watching
May 05We Think Atkore (NYSE:ATKR) Can Manage Its Debt With Ease
Mar 12Buy Superbly Managed, Fast Growing, Deep Moated Atkore At 5 Times 2025 Earnings
Jan 31We Ran A Stock Scan For Earnings Growth And Atkore (NYSE:ATKR) Passed With Ease
Jan 23Atkore Is My Top Pick For 2023
Dec 06Does Atkore (NYSE:ATKR) Have A Healthy Balance Sheet?
Nov 29Atkore acquires Elite Polymer Solutions for $91.6M to boost HDPE conduit portfolio
Nov 08Atkore: Risky On Its FY '24 Without A Clear Outlook From Management
Oct 27Should You Be Adding Atkore (NYSE:ATKR) To Your Watchlist Today?
Oct 14Atkore acquires Cascade Poly Pipe, Northwest Polymers; terms undisclosed
Aug 31Atkore (NYSE:ATKR) Has A Rock Solid Balance Sheet
Aug 29Atkore: Best Play For Infrastructure Boom
Aug 22Atkore: Energy Usage Construction's Today Best Near-Term Cap-Gain Prospect
Aug 13Is Atkore Inc. (NYSE:ATKR) Trading At A 34% Discount?
Aug 10Atkore Inc.: Building Together Better Leads To Sustainable Growth
Aug 01Does Atkore (NYSE:ATKR) Deserve A Spot On Your Watchlist?
Jul 10Atkore: On A Growth Trajectory With Multiple Acquisitions
Jul 06The Hunt For Quality: Best Profitable Stocks To Invest In
Jun 06Atkore (NYSE:ATKR) Has A Rock Solid Balance Sheet
May 31Financial Position Analysis
Short Term Liabilities: ATKR's short term assets ($1.5B) exceed its short term liabilities ($505.4M).
Long Term Liabilities: ATKR's short term assets ($1.5B) exceed its long term liabilities ($927.7M).
Debt to Equity History and Analysis
Debt Level: ATKR's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: ATKR's debt to equity ratio has reduced from 726.3% to 50.8% over the past 5 years.
Debt Coverage: ATKR's debt is well covered by operating cash flow (100.5%).
Interest Coverage: ATKR's interest payments on its debt are well covered by EBIT (25x coverage).