AZZ Balance Sheet Health
Financial Health criteria checks 2/6
AZZ has a total shareholder equity of $934.5M and total debt of $952.7M, which brings its debt-to-equity ratio to 102%. Its total assets and total liabilities are $2.2B and $1.3B respectively. AZZ's EBIT is $221.6M making its interest coverage ratio 2.1. It has cash and short-term investments of $4.3M.
Key information
102.0%
Debt to equity ratio
US$952.74m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$4.35m |
| Equity | US$934.49m |
| Total liabilities | US$1.26b |
| Total assets | US$2.20b |
Recent financial health updates
Recent updates
Calculating The Fair Value Of AZZ Inc. (NYSE:AZZ)
Apr 09
AZZ: Positive Construction Outlook But Limited Upside
Feb 29Does AZZ (NYSE:AZZ) Deserve A Spot On Your Watchlist?
Feb 08AZZ (NYSE:AZZ) Has Affirmed Its Dividend Of $0.17
Jan 22Is AZZ Inc. (NYSE:AZZ) Potentially Undervalued?
Dec 20AZZ: Improved Growth Prospects, Discounted Valuation (Rating Upgrade)
Dec 18Is There An Opportunity With AZZ Inc.'s (NYSE:AZZ) 43% Undervaluation?
Nov 15Here's Why We Think AZZ (NYSE:AZZ) Is Well Worth Watching
Oct 31AZZ (NYSE:AZZ) Is Due To Pay A Dividend Of $0.17
Oct 09We Think AZZ (NYSE:AZZ) Is Taking Some Risk With Its Debt
Oct 05AZZ: Trading At Compressed Multiples, Looks Justified On Closer Inspection
Sep 29Should You Think About Buying AZZ Inc. (NYSE:AZZ) Now?
Aug 10AZZ Inc. Q1 FY2024 Earnings: Missed Expectations And Growth Prospects
Jul 11AZZ (NYSE:AZZ) Is Due To Pay A Dividend Of $0.17
Jul 03Is There An Opportunity With AZZ Inc.'s (NYSE:AZZ) 22% Undervaluation?
Jun 28AZZ's (NYSE:AZZ) Dividend Will Be $0.17
Apr 10Here's Why We Think AZZ (NYSE:AZZ) Is Well Worth Watching
Mar 31Is There An Opportunity With AZZ Inc.'s (NYSE:AZZ) 47% Undervaluation?
Mar 14AZZ: Low Valuations But Potential End-Market Weakness Keeps Me On The Sidelines
Jan 29AZZ declares $0.17 dividend
Jan 19Is Now An Opportune Moment To Examine AZZ Inc. (NYSE:AZZ)?
Jan 11AZZ Non-GAAP EPS of $0.88 beats by $0.09, revenue of $373.3M beats by $13.5M
Jan 09AZZ Inc: Transformation On Track Despite Market Reaction To Q2 Earnings
Nov 09AZZ (NYSE:AZZ) Is Paying Out A Dividend Of $0.17
Oct 13AZZ declares $0.17 dividend
Oct 07Is AZZ Inc. (NYSE:AZZ) Expensive For A Reason? A Look At Its Intrinsic Value
Oct 05AZZ Inc.: Transformation Misjudged By The Market, Creating +50% Upside
Aug 30AZZ (NYSE:AZZ) Has Announced A Dividend Of $0.17
Jul 18AZZ Non-GAAP EPS of $1.40 beats by $0.39, revenue of $314.4M beats by $27.48M, guides way above Q2 revenue consensus
Jul 11AZZ (NYSE:AZZ) Is Due To Pay A Dividend Of US$0.17
Jul 04AZZ declares $0.17 dividend
Jun 30AZZ: Improved Risk-Reward
Jun 24Financial Position Analysis
Short Term Liabilities: AZZ's short term assets ($367.0M) exceed its short term liabilities ($194.3M).
Long Term Liabilities: AZZ's short term assets ($367.0M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: AZZ's net debt to equity ratio (101.5%) is considered high.
Reducing Debt: AZZ's debt to equity ratio has increased from 39.9% to 102% over the past 5 years.
Debt Coverage: AZZ's debt is well covered by operating cash flow (25.7%).
Interest Coverage: AZZ's interest payments on its debt are not well covered by EBIT (2.1x coverage).