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 ratio | 6.7x |
| Cash | US$149.20m |
| Equity | US$121.80m |
| Total liabilities | US$982.40m |
| Total assets | US$1.10b |
Recent financial health updates
Recent updates
Atmus Filtration Technologies: Underwhelming Proposition And Overvalued
Apr 09Is Atmus Filtration Technologies (NYSE:ATMU) Using Too Much Debt?
Apr 01
Atmus Filtration Technologies Inc. (NYSE:ATMU) Investors Are Less Pessimistic Than Expected
Feb 08A Look At The Fair Value Of Atmus Filtration Technologies Inc. (NYSE:ATMU)
Jan 04Atmus Filtration: Tackling Investor's Concerns
Dec 11Atmus Filtration: First Reading Post IPO Looks Positive
Sep 17Atmus Filtration Technologies: New IPO Is A Buy With Room For Growth
Jul 01Atmus Filtration Technologies: Filtering This Offering
May 26Financial 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).