AZZ Balance Sheet Health
Financial Health criteria checks 2/6
AZZ has a total shareholder equity of $999.8M and total debt of $913.3M, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are $2.2B and $1.2B respectively. AZZ's EBIT is $238.0M making its interest coverage ratio 2.5. It has cash and short-term investments of $2.2M.
Key information
91.3%
Debt to equity ratio
US$913.26m
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$2.15m |
| Equity | US$999.76m |
| Total liabilities | US$1.24b |
| Total assets | US$2.24b |
Recent financial health updates
We Think AZZ (NYSE:AZZ) Is Taking Some Risk With Its Debt
Nov 10
Is AZZ (NYSE:AZZ) A Risky Investment?
Jul 31We Think AZZ (NYSE:AZZ) Is Taking Some Risk With Its Debt
Oct 05Recent updates
We Think AZZ (NYSE:AZZ) Is Taking Some Risk With Its Debt
Nov 10AZZ: Balanced Outlook With Growth In Infrastructure, Softness In Private Sector
Oct 29Coating Earnings With Growth: AZZ Inc.'s Mixed Quarter
Oct 10AZZ (NYSE:AZZ) Will Pay A Dividend Of $0.17
Oct 07At US$78.57, Is It Time To Put AZZ Inc. (NYSE:AZZ) On Your Watch List?
Sep 15Revenues Tell The Story For AZZ Inc. (NYSE:AZZ)
Aug 30AZZ: Upward Momentum Should Continue
Aug 20Are Investors Undervaluing AZZ Inc. (NYSE:AZZ) By 34%?
Aug 15Is AZZ (NYSE:AZZ) A Risky Investment?
Jul 31AZZ (NYSE:AZZ) Has Affirmed Its Dividend Of $0.17
Jul 01AZZ: The Re-Rating Is Complete
Jun 03Why We're Not Concerned About AZZ Inc.'s (NYSE:AZZ) Share Price
May 22AZZ (NYSE:AZZ) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 03AZZ Inc. (NYSE:AZZ) Just Reported And Analysts Have Been Lifting Their Price Targets
Apr 24Calculating The Fair Value Of AZZ Inc. (NYSE:AZZ)
Apr 09AZZ: 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 31Financial Position Analysis
Short Term Liabilities: AZZ's short term assets ($401.2M) exceed its short term liabilities ($217.1M).
Long Term Liabilities: AZZ's short term assets ($401.2M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: AZZ's net debt to equity ratio (91.1%) is considered high.
Reducing Debt: AZZ's debt to equity ratio has increased from 40.3% to 91.3% over the past 5 years.
Debt Coverage: AZZ's debt is well covered by operating cash flow (26.9%).
Interest Coverage: AZZ's interest payments on its debt are not well covered by EBIT (2.5x coverage).