ABM Industries Balance Sheet Health
Financial Health criteria checks 3/6
ABM Industries has a total shareholder equity of $1.8B and total debt of $1.3B, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are $4.9B and $3.1B respectively. ABM Industries's EBIT is $339.5M making its interest coverage ratio 4.1. It has cash and short-term investments of $60.7M.
Key information
68.9%
Debt to equity ratio
US$1.27b
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$60.70m |
| Equity | US$1.84b |
| Total liabilities | US$3.09b |
| Total assets | US$4.93b |
Recent financial health updates
Is ABM Industries (NYSE:ABM) Using Too Much Debt?
Jul 11
ABM Industries (NYSE:ABM) Has A Somewhat Strained Balance Sheet
Sep 08Is ABM Industries (NYSE:ABM) A Risky Investment?
May 12ABM Industries (NYSE:ABM) Has A Pretty Healthy Balance Sheet
Jan 23Recent updates
ABM Industries: A Promising Bolt-On Deal
Jul 12Is ABM Industries (NYSE:ABM) Using Too Much Debt?
Jul 11ABM Industries (NYSE:ABM) Is Due To Pay A Dividend Of $0.225
Jun 19ABM Industries' (NYSE:ABM) Solid Profits Have Weak Fundamentals
Jun 13ABM Industries Incorporated (NYSE:ABM) Shares Could Be 41% Below Their Intrinsic Value Estimate
Jun 07ABM Industries: Dividend King Without Robust Positive Catalysts
May 18With EPS Growth And More, ABM Industries (NYSE:ABM) Makes An Interesting Case
May 01Here's Why Shareholders May Want To Be Cautious With Increasing ABM Industries Incorporated's (NYSE:ABM) CEO Pay Packet
Mar 21Why ABM Industries Incorporated (NYSE:ABM) Could Be Worth Watching
Mar 07ABM Industries: Still No Buying Opportunity (Technical Analysis)
Jan 25Investors Don't See Light At End Of ABM Industries Incorporated's (NYSE:ABM) Tunnel
Jan 18If EPS Growth Is Important To You, ABM Industries (NYSE:ABM) Presents An Opportunity
Dec 04ABM Industries: Near-Term Headwinds
Nov 17Should You Investigate ABM Industries Incorporated (NYSE:ABM) At US$39.99?
Nov 11Is There An Opportunity With ABM Industries Incorporated's (NYSE:ABM) 48% Undervaluation?
Oct 11ABM Industries (NYSE:ABM) Has A Somewhat Strained Balance Sheet
Sep 08ABM Industries: A Cheaply Valued Dividend King
Sep 01At US$46.44, Is It Time To Put ABM Industries Incorporated (NYSE:ABM) On Your Watch List?
Aug 10We Ran A Stock Scan For Earnings Growth And ABM Industries (NYSE:ABM) Passed With Ease
Jul 20ABM Industries: Not Attractive Enough To Buy
Jun 22Are Investors Undervaluing ABM Industries Incorporated (NYSE:ABM) By 24%?
Jun 14Is ABM Industries (NYSE:ABM) A Risky Investment?
May 12If EPS Growth Is Important To You, ABM Industries (NYSE:ABM) Presents An Opportunity
Apr 19We Take A Look At Why ABM Industries Incorporated's (NYSE:ABM) CEO Compensation Is Well Earned
Mar 16ABM Industries (NYSE:ABM) Will Pay A Larger Dividend Than Last Year At $0.22
Mar 11Is Now An Opportune Moment To Examine ABM Industries Incorporated (NYSE:ABM)?
Feb 28ABM Industries: Riding The Wave Of Return-To-Office Trends
Feb 19ABM Industries (NYSE:ABM) Has A Pretty Healthy Balance Sheet
Jan 23ABM Industries' (NYSE:ABM) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 25ABM Industries FQ4 2022 Earnings Preview
Dec 12ABM Industries' (NYSE:ABM) Upcoming Dividend Will Be Larger Than Last Year's
Dec 10ABM Industries Non-GAAP EPS of $0.94 beats by $0.04, revenue of $2B beats by $90M, updates FY earning guidance
Sep 09ABM to acquire RavenVolt in all-cash deal
Aug 18ABM Industries: The Future Looks Promising
Aug 09Financial Position Analysis
Short Term Liabilities: ABM's short term assets ($1.7B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: ABM's short term assets ($1.7B) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: ABM's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: ABM's debt to equity ratio has increased from 64.8% to 68.9% over the past 5 years.
Debt Coverage: ABM's debt is well covered by operating cash flow (31.9%).
Interest Coverage: ABM's interest payments on its debt are well covered by EBIT (4.1x coverage).