Aspen Aerogels Balance Sheet Health
Financial Health criteria checks 4/6
Aspen Aerogels has a total shareholder equity of $507.7M and total debt of $162.7M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are $782.6M and $274.9M respectively. Aspen Aerogels's EBIT is $48.0M making its interest coverage ratio 4.6. It has cash and short-term investments of $113.5M.
Key information
32.0%
Debt to equity ratio
US$162.66m
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$113.49m |
| Equity | US$507.65m |
| Total liabilities | US$274.94m |
| Total assets | US$782.59m |
Recent financial health updates
We Think Aspen Aerogels (NYSE:ASPN) Has A Fair Chunk Of Debt
Jul 21
Health Check: How Prudently Does Aspen Aerogels (NYSE:ASPN) Use Debt?
Apr 05Aspen Aerogels (NYSE:ASPN) Is Making Moderate Use Of Debt
Nov 03Is Aspen Aerogels (NYSE:ASPN) Weighed On By Its Debt Load?
Feb 26Recent updates
Aspen Aerogels: Despite Recent Pressure, This Is Intriguing
Nov 17With A 32% Price Drop For Aspen Aerogels, Inc. (NYSE:ASPN) You'll Still Get What You Pay For
Nov 07Aspen Aerogels: Interesting Times
Oct 28Aspen Aerogels (NYSE:ASPN) Is Looking To Continue Growing Its Returns On Capital
Oct 17Aspen Aerogels: Current Valuation Is Not A Good Risk/Reward
Sep 26Aspen Aerogels: Management Guidance Remains Very Conservative
Sep 18Why Investors Shouldn't Be Surprised By Aspen Aerogels, Inc.'s (NYSE:ASPN) 32% Share Price Surge
Aug 24Investors Shouldn't Be Too Comfortable With Aspen Aerogels' (NYSE:ASPN) Earnings
Aug 15Aspen Aerogels: Impressive, But Some Questions As Well
Aug 12We Think Aspen Aerogels (NYSE:ASPN) Has A Fair Chunk Of Debt
Jul 21Aspen Aerogels: Moving Towards Profitability
Jul 12Aspen Aerogels, Inc.'s (NYSE:ASPN) Popularity With Investors Is Clear
Jun 24Health Check: How Prudently Does Aspen Aerogels (NYSE:ASPN) Use Debt?
Apr 05Aspen Aerogels: Impressive And Intriguing
Mar 25Aspen Aerogels, Inc. (NYSE:ASPN) Looks Just Right With A 53% Price Jump
Mar 08Analysts Have Made A Financial Statement On Aspen Aerogels, Inc.'s (NYSE:ASPN) Full-Year Report
Feb 15Powering Up The EV Market: Mini Deep Dive On Aspen Aerogels
Jan 08Why Investors Shouldn't Be Surprised By Aspen Aerogels, Inc.'s (NYSE:ASPN) 40% Share Price Surge
Dec 22Aspen Aerogels: Phoenix Rising - Assessing The Shifts, Challenges, And Potential Future Triumphs
Nov 13Aspen Aerogels (NYSE:ASPN) Is Making Moderate Use Of Debt
Nov 03Aspen Aerogels: Margin Expansion But Still A Lot Of Uncertainties
Sep 28The Price Is Right For Aspen Aerogels, Inc. (NYSE:ASPN) Even After Diving 25%
Aug 12Aspen Aerogels: Not Insulating Investors From The Cold
Jun 20Is Aspen Aerogels (NYSE:ASPN) Weighed On By Its Debt Load?
Feb 26Aspen Aerogels Q4 results beat estimates, co guides FY 2023 revenue in-line
Feb 15Aspen Aerogels: No Reason To Be In A Hurry, Ample Headwinds In 2023
Jan 08Financial Position Analysis
Short Term Liabilities: ASPN's short term assets ($305.9M) exceed its short term liabilities ($104.3M).
Long Term Liabilities: ASPN's short term assets ($305.9M) exceed its long term liabilities ($170.6M).
Debt to Equity History and Analysis
Debt Level: ASPN's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: ASPN's debt to equity ratio has increased from 8.2% to 32% over the past 5 years.
Debt Coverage: ASPN's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: ASPN's interest payments on its debt are well covered by EBIT (4.6x coverage).