Arcadium Lithium Balance Sheet Health
Financial Health criteria checks 5/6
Arcadium Lithium has a total shareholder equity of $7.0B and total debt of $583.3M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are $9.8B and $2.8B respectively. Arcadium Lithium's EBIT is $349.3M making its interest coverage ratio -31.8. It has cash and short-term investments of $472.7M.
Key information
8.4%
Debt to equity ratio
US$583.30m
Debt
| Interest coverage ratio | -31.8x |
| Cash | US$472.70m |
| Equity | US$6.96b |
| Total liabilities | US$2.83b |
| Total assets | US$9.79b |
Recent financial health updates
Recent updates
Arcadium Lithium: A Middling Quarter, But A Buy Nonetheless
May 08Is Arcadium Lithium (NYSE:ALTM) A Risky Investment?
Mar 29
Arcadium Lithium: Lithium Prices Will Rise Again
Mar 20Arcadium Lithium plc: A Good Value Pick With A Strong Upside
Feb 28Arcadium Lithium plc's (NYSE:ALTM) Intrinsic Value Is Potentially 83% Above Its Share Price
Feb 11More Unpleasant Surprises Could Be In Store For Arcadium Lithium plc's (NYSE:ALTM) Shares After Tumbling 27%
Jan 24Financial Position Analysis
Short Term Liabilities: ALTM's short term assets ($1.1B) exceed its short term liabilities ($534.5M).
Long Term Liabilities: ALTM's short term assets ($1.1B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: ALTM's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: ALTM's debt to equity ratio has reduced from 9.9% to 8.4% over the past 5 years.
Debt Coverage: ALTM's debt is well covered by operating cash flow (24.3%).
Interest Coverage: ALTM earns more interest than it pays, so coverage of interest payments is not a concern.