Arcadium Lithium Balance Sheet Health
Financial Health criteria checks 4/6
Arcadium Lithium has a total shareholder equity of $7.1B and total debt of $724.4M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are $10.0B and $2.9B respectively. Arcadium Lithium's EBIT is $154.9M making its interest coverage ratio -8.2. It has cash and short-term investments of $137.9M.
Key information
10.2%
Debt to equity ratio
US$724.40m
Debt
| Interest coverage ratio | -8.2x |
| Cash | US$137.90m |
| Equity | US$7.13b |
| Total liabilities | US$2.87b |
| Total assets | US$10.00b |
Recent financial health updates
Is Arcadium Lithium (NYSE:ALTM) Using Too Much Debt?
Jul 25
Is Arcadium Lithium (NYSE:ALTM) A Risky Investment?
Mar 29Recent updates
Lithium News: Arcadium Lithium, Q2 Metals
Oct 17Arcadium Lithium Stock: Don't Be Excited But Stay For The Long Haul
Sep 16Fewer Investors Than Expected Jumping On Arcadium Lithium plc (NYSE:ALTM)
Aug 29Arcadium Lithium: It's Time To Go Long
Aug 21Arcadium Lithium: The Cure To Low Prices Is Low Prices
Aug 07Is Arcadium Lithium (NYSE:ALTM) Using Too Much Debt?
Jul 25Is There An Opportunity With Arcadium Lithium plc's (NYSE:ALTM) 22% Undervaluation?
Jul 04Arcadium Lithium: A Ridiculous Value Play
Jul 01What Is Arcadium Lithium plc's (NYSE:ALTM) Share Price Doing?
Jun 16Arcadium Lithium Stock: Patient Investors Will Be Rewarded
May 29Arcadium Lithium plc's (NYSE:ALTM) P/E Still Appears To Be Reasonable
May 26Arcadium Lithium: A Middling Quarter, But A Buy Nonetheless
May 08Is Arcadium Lithium (NYSE:ALTM) A Risky Investment?
Mar 29Arcadium 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 ($865.6M) exceed its short term liabilities ($735.3M).
Long Term Liabilities: ALTM's short term assets ($865.6M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: ALTM's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: ALTM's debt to equity ratio has reduced from 16.6% to 10.2% over the past 5 years.
Debt Coverage: ALTM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALTM earns more interest than it pays, so coverage of interest payments is not a concern.