Armstrong World Industries Balance Sheet Health
Financial Health criteria checks 4/6
Armstrong World Industries has a total shareholder equity of $591.8M and total debt of $590.1M, which brings its debt-to-equity ratio to 99.7%. Its total assets and total liabilities are $1.7B and $1.1B respectively. Armstrong World Industries's EBIT is $251.1M making its interest coverage ratio 7.9. It has cash and short-term investments of $71.9M.
Key information
99.7%
Debt to equity ratio
US$590.10m
Debt
Interest coverage ratio | 7.9x |
Cash | US$71.90m |
Equity | US$591.80m |
Total liabilities | US$1.08b |
Total assets | US$1.67b |
Recent financial health updates
Armstrong World Industries (NYSE:AWI) Has A Pretty Healthy Balance Sheet
Mar 22Does Armstrong World Industries (NYSE:AWI) Have A Healthy Balance Sheet?
Dec 14These 4 Measures Indicate That Armstrong World Industries (NYSE:AWI) Is Using Debt Reasonably Well
Jul 22We Think Armstrong World Industries (NYSE:AWI) Can Stay On Top Of Its Debt
Mar 30We Think Armstrong World Industries (NYSE:AWI) Can Stay On Top Of Its Debt
Jul 29Armstrong World Industries (NYSE:AWI) Seems To Use Debt Quite Sensibly
Apr 28Recent updates
Estimating The Fair Value Of Armstrong World Industries, Inc. (NYSE:AWI)
Apr 05Armstrong World Industries (NYSE:AWI) Has A Pretty Healthy Balance Sheet
Mar 22Is Now The Time To Look At Buying Armstrong World Industries, Inc. (NYSE:AWI)?
Mar 09Armstrong World Industries: Upside Not Attractive At This Valuation
Mar 09Armstrong World Industries, Inc. (NYSE:AWI) Released Earnings Last Week And Analysts Lifted Their Price Target To US$118
Feb 23Here's What To Make Of Armstrong World Industries' (NYSE:AWI) Decelerating Rates Of Return
Feb 13Is Now The Time To Put Armstrong World Industries (NYSE:AWI) On Your Watchlist?
Jan 18Armstrong World Industries: Weak Housing Demand Weakening Its Growth Outlook
Jan 11What Armstrong World Industries, Inc.'s (NYSE:AWI) P/E Is Not Telling You
Jan 03Does Armstrong World Industries (NYSE:AWI) Have A Healthy Balance Sheet?
Dec 14Returns On Capital At Armstrong World Industries (NYSE:AWI) Have Stalled
Nov 09Armstrong World Industries: Inflationary Pressures Impacting Revenue And Future Outlook
Oct 31Armstrong World Industries' (NYSE:AWI) Dividend Will Be Increased To $0.28
Oct 22When Should You Buy Armstrong World Industries, Inc. (NYSE:AWI)?
Oct 20Armstrong World Industries: Upgrade Warranted With Q3 Earnings On The Horizon
Oct 11Estimating The Intrinsic Value Of Armstrong World Industries, Inc. (NYSE:AWI)
Oct 06Here's Why We Think Armstrong World Industries (NYSE:AWI) Is Well Worth Watching
Sep 15Armstrong World Industries Q2 2023 Performance: A Bullish Outlook
Jul 26These 4 Measures Indicate That Armstrong World Industries (NYSE:AWI) Is Using Debt Reasonably Well
Jul 22Armstrong World Industries, Inc. (NYSE:AWI) Shares Could Be 41% Below Their Intrinsic Value Estimate
Jun 28Armstrong World Industries (NYSE:AWI) Might Have The Makings Of A Multi-Bagger
Jun 13Should You Think About Buying Armstrong World Industries, Inc. (NYSE:AWI) Now?
May 13We Think Armstrong World Industries (NYSE:AWI) Can Stay On Top Of Its Debt
Mar 30Armstrong World Industries' (NYSE:AWI) Returns On Capital Are Heading Higher
Mar 14Armstrong World Q4 2022 Earnings Preview
Feb 20Estimating The Fair Value Of Armstrong World Industries, Inc. (NYSE:AWI)
Feb 10Armstrong World Industries cut to Hold at Jefferies on weak mineral fiber volumes
Dec 14What Does Armstrong World Industries, Inc.'s (NYSE:AWI) Share Price Indicate?
Dec 03A Look At The Intrinsic Value Of Armstrong World Industries, Inc. (NYSE:AWI)
Nov 11Armstrong World Industries (NYSE:AWI) Has Announced That It Will Be Increasing Its Dividend To $0.254
Oct 23Armstrong World raises quarterly dividend by 10% to $0.254/ share
Oct 19Armstrong World Industries: Not Enough Safety In This Environment
Oct 03Investors Will Want Armstrong World Industries' (NYSE:AWI) Growth In ROCE To Persist
Sep 23Is Armstrong World Industries, Inc. (NYSE:AWI) Potentially Undervalued?
Aug 16We Think Armstrong World Industries (NYSE:AWI) Can Stay On Top Of Its Debt
Jul 29Armstrong World Non-GAAP EPS of $1.29 misses by $0.07, revenue of $321M beats by $3.81M, updates FY guidance
Jul 26Armstrong World and Price Industries expand partnership to launch first co-developed product
Jul 07We Like These Underlying Return On Capital Trends At Armstrong World Industries (NYSE:AWI)
Jun 23Is There Now An Opportunity In Armstrong World Industries, Inc. (NYSE:AWI)?
May 18Armstrong World Industries (NYSE:AWI) Seems To Use Debt Quite Sensibly
Apr 28Financial Position Analysis
Short Term Liabilities: AWI's short term assets ($313.0M) exceed its short term liabilities ($194.5M).
Long Term Liabilities: AWI's short term assets ($313.0M) do not cover its long term liabilities ($886.1M).
Debt to Equity History and Analysis
Debt Level: AWI's net debt to equity ratio (87.6%) is considered high.
Reducing Debt: AWI's debt to equity ratio has reduced from 365.4% to 99.7% over the past 5 years.
Debt Coverage: AWI's debt is well covered by operating cash flow (39.6%).
Interest Coverage: AWI's interest payments on its debt are well covered by EBIT (7.9x coverage).