AdvanSix Balance Sheet Health
Financial Health criteria checks 4/6
AdvanSix has a total shareholder equity of $713.2M and total debt of $245.0M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are $1.5B and $754.8M respectively. AdvanSix's EBIT is $3.5M making its interest coverage ratio 0.4. It has cash and short-term investments of $20.6M.
Key information
34.4%
Debt to equity ratio
US$245.00m
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$20.63m |
| Equity | US$713.16m |
| Total liabilities | US$754.83m |
| Total assets | US$1.47b |
Recent financial health updates
AdvanSix (NYSE:ASIX) Has A Somewhat Strained Balance Sheet
Jan 11
Does 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 04We Think AdvanSix (NYSE:ASIX) Can Stay On Top Of Its Debt
Jun 23Recent updates
It 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 19AdvanSix Q2 2022 Earnings Preview
Aug 04The Trend Of High Returns At AdvanSix (NYSE:ASIX) Has Us Very Interested
Jul 20We Think AdvanSix (NYSE:ASIX) Can Stay On Top Of Its Debt
Jun 23AdvanSix: Undervalued Thanks To Agriculture Tailwinds
May 30Returns At AdvanSix (NYSE:ASIX) Are On The Way Up
Apr 19Here's Why I Think AdvanSix (NYSE:ASIX) Is An Interesting Stock
Apr 04Financial Position Analysis
Short Term Liabilities: ASIX's short term assets ($391.3M) exceed its short term liabilities ($284.1M).
Long Term Liabilities: ASIX's short term assets ($391.3M) do not cover its long term liabilities ($470.7M).
Debt to Equity History and Analysis
Debt Level: ASIX's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: ASIX's debt to equity ratio has reduced from 52.5% to 34.4% over the past 5 years.
Debt Coverage: ASIX's debt is well covered by operating cash flow (32.6%).
Interest Coverage: ASIX's interest payments on its debt are not well covered by EBIT (0.4x coverage).