AdvanSix Balance Sheet Health
Financial Health criteria checks 4/6
AdvanSix has a total shareholder equity of $746.6M and total debt of $230.0M, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are $1.5B and $731.4M respectively. AdvanSix's EBIT is $16.6M making its interest coverage ratio 1.6. It has cash and short-term investments of $12.1M.
Key information
30.8%
Debt to equity ratio
US$230.00m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$12.11m |
| Equity | US$746.60m |
| Total liabilities | US$731.35m |
| Total assets | US$1.48b |
Recent financial health updates
AdvanSix (NYSE:ASIX) Has A Somewhat Strained Balance Sheet
Sep 29
AdvanSix (NYSE:ASIX) Has A Somewhat Strained Balance Sheet
Jan 11Does AdvanSix (NYSE:ASIX) Have A Healthy Balance Sheet?
Oct 05Here's Why AdvanSix (NYSE:ASIX) Can Manage Its Debt Responsibly
Jul 04Does AdvanSix (NYSE:ASIX) Have A Healthy Balance Sheet?
Jan 10Here's Why AdvanSix (NYSE:ASIX) Can Manage Its Debt Responsibly
Oct 04Recent updates
AdvanSix (NYSE:ASIX) Has A Somewhat Strained Balance Sheet
Sep 29AdvanSix: Turnaround Is Unfolding
Sep 17AdvanSix Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 07AdvanSix (NYSE:ASIX) Is Paying Out A Dividend Of $0.16
Aug 05It Looks Like AdvanSix Inc.'s (NYSE:ASIX) CEO May Expect Their Salary To Be Put Under The Microscope
Jun 07AdvanSix's (NYSE:ASIX) Problems Go Beyond Weak Profit
May 13Investors Holding Back On AdvanSix Inc. (NYSE:ASIX)
May 04AdvanSix (NYSE:ASIX) Will Be Hoping To Turn Its Returns On Capital Around
Apr 01AdvanSix (NYSE:ASIX) Has A Somewhat Strained Balance Sheet
Jan 11AdvanSix: Consumer Recycled Offerings Could Imply Undervaluation
Nov 07Some Investors May Be Worried About AdvanSix's (NYSE:ASIX) Returns On Capital
Oct 24Does AdvanSix (NYSE:ASIX) Have A Healthy Balance Sheet?
Oct 05Estimating The Intrinsic Value Of AdvanSix Inc. (NYSE:ASIX)
Sep 09AdvanSix: Stuck Here
Aug 13AdvanSix (NYSE:ASIX) Is Increasing Its Dividend To $0.16
Aug 07Here's Why AdvanSix (NYSE:ASIX) Can Manage Its Debt Responsibly
Jul 04Is There Now An Opportunity In AdvanSix Inc. (NYSE:ASIX)?
May 31AdvanSix Inc. (NYSE:ASIX) Shares Could Be 31% Below Their Intrinsic Value Estimate
Apr 27Shareholders Are Optimistic That AdvanSix (NYSE:ASIX) Will Multiply In Value
Mar 29AdvanSix Q4 2022 Earnings Preview
Feb 16If EPS Growth Is Important To You, AdvanSix (NYSE:ASIX) Presents An Opportunity
Feb 10Does AdvanSix (NYSE:ASIX) Have A Healthy Balance Sheet?
Jan 10When Should You Buy AdvanSix Inc. (NYSE:ASIX)?
Dec 20Returns Are Gaining Momentum At AdvanSix (NYSE:ASIX)
Nov 25AdvanSix Q3 2022 Earnings Preview
Nov 03Here's Why We Think AdvanSix (NYSE:ASIX) Is Well Worth Watching
Nov 01AdvanSix expects Q3 adjusted EBITDA of $31M-$34M
Oct 07Here's Why AdvanSix (NYSE:ASIX) Can Manage Its Debt Responsibly
Oct 04AdvanSix: No Longer Advancing
Sep 23Why AdvanSix Inc. (NYSE:ASIX) Could Be Worth Watching
Sep 19Financial Position Analysis
Short Term Liabilities: ASIX's short term assets ($378.6M) exceed its short term liabilities ($273.0M).
Long Term Liabilities: ASIX's short term assets ($378.6M) do not cover its long term liabilities ($458.4M).
Debt to Equity History and Analysis
Debt Level: ASIX's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: ASIX's debt to equity ratio has reduced from 60.6% to 30.8% over the past 5 years.
Debt Coverage: ASIX's debt is well covered by operating cash flow (41.3%).
Interest Coverage: ASIX's interest payments on its debt are not well covered by EBIT (1.6x coverage).