Andersons Balance Sheet Health
Financial Health criteria checks 6/6
Andersons has a total shareholder equity of $1.5B and total debt of $624.6M, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are $3.9B and $2.3B respectively. Andersons's EBIT is $253.1M making its interest coverage ratio 7.5. It has cash and short-term investments of $653.8M.
Key information
41.2%
Debt to equity ratio
US$624.61m
Debt
| Interest coverage ratio | 7.5x |
| Cash | US$653.82m |
| Equity | US$1.52b |
| Total liabilities | US$2.34b |
| Total assets | US$3.86b |
Recent financial health updates
We Think Andersons (NASDAQ:ANDE) Is Taking Some Risk With Its Debt
Jan 07
Here's Why Andersons (NASDAQ:ANDE) Has A Meaningful Debt Burden
Mar 13Does Andersons (NASDAQ:ANDE) Have A Healthy Balance Sheet?
Dec 06Recent updates
The Andersons: Cash On Hand To Leverage Future Opportunities
Apr 19Returns On Capital Are Showing Encouraging Signs At Andersons (NASDAQ:ANDE)
Apr 09Andersons (NASDAQ:ANDE) Will Pay A Dividend Of $0.19
Mar 14The Andersons, Inc.'s (NASDAQ:ANDE) Popularity With Investors Is Clear
Feb 18We Think Andersons (NASDAQ:ANDE) Is Taking Some Risk With Its Debt
Jan 07Andersons (NASDAQ:ANDE) Is Looking To Continue Growing Its Returns On Capital
Dec 05Andersons (NASDAQ:ANDE) Has Announced A Dividend Of $0.185
Sep 05Andersons (NASDAQ:ANDE) Has Affirmed Its Dividend Of $0.185
Aug 22Andersons (NASDAQ:ANDE) Shareholders Will Want The ROCE Trajectory To Continue
Jul 29Andersons (NASDAQ:ANDE) Has Announced A Dividend Of $0.185
Jun 27Here's Why We Think Andersons (NASDAQ:ANDE) Is Well Worth Watching
Jun 08The Return Trends At Andersons (NASDAQ:ANDE) Look Promising
Apr 25Here's Why Andersons (NASDAQ:ANDE) Has A Meaningful Debt Burden
Mar 13Andersons' (NASDAQ:ANDE) Dividend Will Be $0.185
Feb 24If EPS Growth Is Important To You, Andersons (NASDAQ:ANDE) Presents An Opportunity
Jan 14Andersons' (NASDAQ:ANDE) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 28Andersons (NASDAQ:ANDE) Is Looking To Continue Growing Its Returns On Capital
Dec 22Does Andersons (NASDAQ:ANDE) Have A Healthy Balance Sheet?
Dec 06Andersons to acquire Mote Farm Service
Oct 10We Ran A Stock Scan For Earnings Growth And Andersons (NASDAQ:ANDE) Passed With Ease
Sep 16A Look At The Fair Value Of The Andersons, Inc. (NASDAQ:ANDE)
Aug 30Andersons declares $0.18 dividend
Aug 19Upgrade: Analysts Just Made A Meaningful Increase To Their The Andersons, Inc. (NASDAQ:ANDE) Forecasts
Aug 08There's Been No Shortage Of Growth Recently For Andersons' (NASDAQ:ANDE) Returns On Capital
Aug 04Andersons scales 9% after Q2 top and bottom line beat
Aug 03The Andersons: Moving Higher With Energy
Jul 08Andersons (NASDAQ:ANDE) Is Due To Pay A Dividend Of US$0.18
Jun 21Does Andersons (NASDAQ:ANDE) Deserve A Spot On Your Watchlist?
May 10The Andersons - Terrible Earnings Offer Buying Opportunities
May 05Financial Position Analysis
Short Term Liabilities: ANDE's short term assets ($2.8B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: ANDE's short term assets ($2.8B) exceed its long term liabilities ($702.3M).
Debt to Equity History and Analysis
Debt Level: ANDE has more cash than its total debt.
Reducing Debt: ANDE's debt to equity ratio has reduced from 82.5% to 41.2% over the past 5 years.
Debt Coverage: ANDE's debt is well covered by operating cash flow (151.6%).
Interest Coverage: ANDE's interest payments on its debt are well covered by EBIT (7.5x coverage).