Atmus Filtration Technologies Inc.

NYSE:ATMU Stock Report

Market Cap: US$2.3b

Atmus Filtration Technologies Balance Sheet Health

Financial Health criteria checks 4/6

Atmus Filtration Technologies has a total shareholder equity of $121.8M and total debt of $600.0M, which brings its debt-to-equity ratio to 492.6%. Its total assets and total liabilities are $1.1B and $982.4M respectively. Atmus Filtration Technologies's EBIT is $242.5M making its interest coverage ratio 6.7. It has cash and short-term investments of $149.2M.

Key information

492.6%

Debt to equity ratio

US$600.00m

Debt

Interest coverage ratio6.7x
CashUS$149.20m
EquityUS$121.80m
Total liabilitiesUS$982.40m
Total assetsUS$1.10b

Recent financial health updates

Recent updates

Why You Should Care About Atmus Filtration Technologies' (NYSE:ATMU) Strong Returns On Capital

Jun 16
Why You Should Care About Atmus Filtration Technologies' (NYSE:ATMU) Strong Returns On Capital

Atmus Filtration Technologies' (NYSE:ATMU) Soft Earnings Don't Show The Whole Picture

May 11
Atmus Filtration Technologies' (NYSE:ATMU) Soft Earnings Don't Show The Whole Picture

Atmus Filtration Technologies: Underwhelming Proposition And Overvalued

Apr 09

Is Atmus Filtration Technologies (NYSE:ATMU) Using Too Much Debt?

Apr 01
Is Atmus Filtration Technologies (NYSE:ATMU) Using Too Much Debt?

Atmus Filtration Technologies Inc. (NYSE:ATMU) Investors Are Less Pessimistic Than Expected

Feb 08
Atmus Filtration Technologies Inc. (NYSE:ATMU) Investors Are Less Pessimistic Than Expected

A Look At The Fair Value Of Atmus Filtration Technologies Inc. (NYSE:ATMU)

Jan 04
A Look At The Fair Value Of Atmus Filtration Technologies Inc. (NYSE:ATMU)

Atmus Filtration: Tackling Investor's Concerns

Dec 11

Atmus Filtration: First Reading Post IPO Looks Positive

Sep 17

Atmus Filtration Technologies: New IPO Is A Buy With Room For Growth

Jul 01

Atmus Filtration Technologies: Filtering This Offering

May 26

Financial Position Analysis

Short Term Liabilities: ATMU's short term assets ($699.4M) exceed its short term liabilities ($349.4M).

Long Term Liabilities: ATMU's short term assets ($699.4M) exceed its long term liabilities ($633.0M).


Debt to Equity History and Analysis

Debt Level: ATMU's net debt to equity ratio (370.1%) is considered high.

Reducing Debt: Insufficient data to determine if ATMU's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ATMU's debt is well covered by operating cash flow (23%).

Interest Coverage: ATMU's interest payments on its debt are well covered by EBIT (6.7x coverage).


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.