Acuity Brands Balance Sheet Health
Financial Health criteria checks 5/6
Acuity Brands has a total shareholder equity of $2.4B and total debt of $496.2M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are $3.8B and $1.4B respectively. Acuity Brands's EBIT is $551.8M making its interest coverage ratio -122.6. It has cash and short-term investments of $845.8M.
Key information
20.9%
Debt to equity ratio
US$496.20m
Debt
| Interest coverage ratio | -122.6x |
| Cash | US$845.80m |
| Equity | US$2.38b |
| Total liabilities | US$1.44b |
| Total assets | US$3.81b |
Recent financial health updates
Acuity Brands (NYSE:AYI) Seems To Use Debt Rather Sparingly
Sep 09
Is Acuity Brands (NYSE:AYI) A Risky Investment?
Jun 04Acuity Brands (NYSE:AYI) Seems To Use Debt Rather Sparingly
Feb 27Recent updates
Acuity Brands: Putting Itself In The Spotlight
Dec 15Acuity Brands, Inc.'s (NYSE:AYI) Shares May Have Run Too Fast Too Soon
Dec 07Do Acuity Brands' (NYSE:AYI) Earnings Warrant Your Attention?
Nov 11Acuity Brands' (NYSE:AYI) Returns Have Hit A Wall
Oct 29Acuity Brands: Growth Is Finally Coming Back Online
Oct 09Is Acuity Brands, Inc. (NYSE:AYI) Trading At A 20% Discount?
Oct 05What Is Acuity Brands, Inc.'s (NYSE:AYI) Share Price Doing?
Sep 23Acuity Brands: Inching Closer To An Upgrade As Earnings Near
Sep 22Acuity Brands (NYSE:AYI) Seems To Use Debt Rather Sparingly
Sep 09Investors Interested In Acuity Brands, Inc.'s (NYSE:AYI) Earnings
Aug 26Acuity Brands (NYSE:AYI) Has More To Do To Multiply In Value Going Forward
Jul 28Acuity Brands: Growth Should Recover In The Coming Quarters
Jul 04Is Acuity Brands (NYSE:AYI) A Risky Investment?
Jun 04At US$265, Is Acuity Brands, Inc. (NYSE:AYI) Worth Looking At Closely?
May 22Getting In Cheap On Acuity Brands, Inc. (NYSE:AYI) Is Unlikely
May 05Acuity Brands, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Apr 06Acuity Brands Barely Budges On Better-Than-Expected Earnings
Apr 04Returns On Capital At Acuity Brands (NYSE:AYI) Have Hit The Brakes
Mar 25Calculating The Intrinsic Value Of Acuity Brands, Inc. (NYSE:AYI)
Mar 11Acuity Brands (NYSE:AYI) Seems To Use Debt Rather Sparingly
Feb 27At US$241, Is It Time To Put Acuity Brands, Inc. (NYSE:AYI) On Your Watch List?
Feb 13The Compensation For Acuity Brands, Inc.'s (NYSE:AYI) CEO Looks Deserved And Here's Why
Jan 18Acuity Brands: Likely At Fair Value Following Q1 Earnings Pop
Jan 16Acuity Brands, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Jan 12Acuity Brands, Inc.'s (NYSE:AYI) Business Is Yet to Catch Up With Its Share Price
Dec 28Acuity Brands: Sales Growth Recovery Before A More Optimistic Rating
Oct 26Acuity Brands Dimmed By Softer Non-Residential Markets
Oct 17Acuity Brands: A Buy Despite Near-Term Revenue Headwinds
Sep 11Acuity Brands Fiscal Q3: Robust Margins, Cash Flow
Jun 30Acuity Brands: High-Quality Company With Favorable Long-Term Prospects And ESG Focus
Feb 26Acuity Brands declares $0.13 dividend
Jan 26Financial Position Analysis
Short Term Liabilities: AYI's short term assets ($1.9B) exceed its short term liabilities ($687.9M).
Long Term Liabilities: AYI's short term assets ($1.9B) exceed its long term liabilities ($747.9M).
Debt to Equity History and Analysis
Debt Level: AYI has more cash than its total debt.
Reducing Debt: AYI's debt to equity ratio has increased from 18.6% to 20.9% over the past 5 years.
Debt Coverage: AYI's debt is well covered by operating cash flow (124.8%).
Interest Coverage: AYI earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:01 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/08/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Acuity Brands, Inc. is covered by 28 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Wojs | Baird |
| Ishan Majumdar | Baptista Research |
| Matthew McCall | BB&T Capital Markets |