This company has been acquired
Arconic Balance Sheet Health
Financial Health criteria checks 4/6
Arconic has a total shareholder equity of $1.5B and total debt of $1.6B, which brings its debt-to-equity ratio to 107.7%. Its total assets and total liabilities are $6.0B and $4.6B respectively. Arconic's EBIT is $277.0M making its interest coverage ratio 2.8. It has cash and short-term investments of $266.0M.
Key information
107.7%
Debt to equity ratio
US$1.60b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$266.00m |
| Equity | US$1.48b |
| Total liabilities | US$4.56b |
| Total assets | US$6.05b |
Recent financial health updates
Arconic (NYSE:ARNC) Use Of Debt Could Be Considered Risky
Mar 15
These 4 Measures Indicate That Arconic (NYSE:ARNC) Is Using Debt Extensively
Oct 01Arconic (NYSE:ARNC) Has A Somewhat Strained Balance Sheet
May 17Does Arconic (NYSE:ARNC) Have A Healthy Balance Sheet?
Oct 02Recent updates
Arconic: Fundamental Issues Coupled With No Margin Of Safety
May 25Arconic's (NYSE:ARNC) Returns Have Hit A Wall
Apr 21Arconic (NYSE:ARNC) Use Of Debt Could Be Considered Risky
Mar 15Arconic Q4 2022 Earnings Preview
Feb 20Arconic to book $304M loss on sale of Russian operations
Feb 08Arconic Is Positioned Right To Drive Future Expansion
Dec 22Arconic approves $200M share buyback
Nov 16Arconic Q3 2022 Earnings Preview
Oct 31Why Arconic Might Double
Oct 10These 4 Measures Indicate That Arconic (NYSE:ARNC) Is Using Debt Extensively
Oct 01Slowing Rates Of Return At Arconic (NYSE:ARNC) Leave Little Room For Excitement
Sep 04Arconic Q2 2022 Earnings Preview
Aug 01Despite Headwinds, Arconic Is Too Cheap
Jun 01Arconic (NYSE:ARNC) Has A Somewhat Strained Balance Sheet
May 17Arconic (NYSE:ARNC) Has Some Way To Go To Become A Multi-Bagger
Apr 16Supply Chain Victim Arconic Is Getting Attractive
Mar 25Arconic Corporation's (NYSE:ARNC) Intrinsic Value Is Potentially 96% Above Its Share Price
Jan 18There Are Reasons To Feel Uneasy About Arconic's (NYSE:ARNC) Returns On Capital
Dec 01Does Arconic (NYSE:ARNC) Have A Healthy Balance Sheet?
Oct 02Arconic Corporation: Assessing Management's 3 Headlines From The Q2 Earnings Call
Aug 26Some Investors May Be Worried About Arconic's (NYSE:ARNC) Returns On Capital
Aug 09Financial Position Analysis
Short Term Liabilities: ARNC's short term assets ($3.1B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: ARNC's short term assets ($3.1B) exceed its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: ARNC's net debt to equity ratio (89.8%) is considered high.
Reducing Debt: ARNC's debt to equity ratio has increased from 10.9% to 107.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ARNC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ARNC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.6% per year.