Atkore Balance Sheet Health
Financial Health criteria checks 6/6
Atkore has a total shareholder equity of $1.6B and total debt of $764.3M, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are $3.0B and $1.4B respectively. Atkore's EBIT is $711.2M making its interest coverage ratio 20.5. It has cash and short-term investments of $303.7M.
Key information
48.9%
Debt to equity ratio
US$764.30m
Debt
| Interest coverage ratio | 20.5x |
| Cash | US$303.66m |
| Equity | US$1.56b |
| Total liabilities | US$1.40b |
| Total assets | US$2.96b |
Recent financial health updates
Here's Why Atkore (NYSE:ATKR) Can Manage Its Debt Responsibly
Oct 21
We Think Atkore (NYSE:ATKR) Can Stay On Top Of Its Debt
Apr 29These 4 Measures Indicate That Atkore (NYSE:ATKR) Is Using Debt Reasonably Well
Dec 26Atkore (NYSE:ATKR) Has A Pretty Healthy Balance Sheet
Jun 11We Think Atkore (NYSE:ATKR) Can Manage Its Debt With Ease
Mar 12Recent updates
Atkore: Buybacks And A Low Multiple, Hold
Oct 22Here's Why Atkore (NYSE:ATKR) Can Manage Its Debt Responsibly
Oct 21Investors Should Be Encouraged By Atkore's (NYSE:ATKR) Returns On Capital
Sep 19Atkore: Stabilization Seems To Arrive
Sep 16Little Excitement Around Atkore Inc.'s (NYSE:ATKR) Earnings As Shares Take 28% Pounding
Sep 04Atkore: The Small-Cap Buyback King
Aug 29A Look At The Intrinsic Value Of Atkore Inc. (NYSE:ATKR)
Aug 27Analyst Forecasts Just Became More Bearish On Atkore Inc. (NYSE:ATKR)
Aug 08Improved Earnings Required Before Atkore Inc. (NYSE:ATKR) Shares Find Their Feet
Jul 19Atkore: The Party Is Over With The Declining Prices
Jun 19Why We Like The Returns At Atkore (NYSE:ATKR)
Jun 15Riverwater Partners - Atkore: Well-Positioned Towards A Future Where Electricity Takes Center Stage
May 12We Think Atkore (NYSE:ATKR) Can Stay On Top Of Its Debt
Apr 29The 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 23Financial Position Analysis
Short Term Liabilities: ATKR's short term assets ($1.5B) exceed its short term liabilities ($465.8M).
Long Term Liabilities: ATKR's short term assets ($1.5B) exceed its long term liabilities ($936.7M).
Debt to Equity History and Analysis
Debt Level: ATKR's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: ATKR's debt to equity ratio has reduced from 436.8% to 48.9% over the past 5 years.
Debt Coverage: ATKR's debt is well covered by operating cash flow (77.7%).
Interest Coverage: ATKR's interest payments on its debt are well covered by EBIT (20.5x coverage).