ATI Balance Sheet Health
Financial Health criteria checks 4/6
ATI has a total shareholder equity of $1.9B and total debt of $1.8B, which brings its debt-to-equity ratio to 93.4%. Its total assets and total liabilities are $5.1B and $3.2B respectively. ATI's EBIT is $436.5M making its interest coverage ratio 3.9. It has cash and short-term investments of $406.6M.
Key information
93.4%
Debt to equity ratio
US$1.79b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$406.60m |
| Equity | US$1.91b |
| Total liabilities | US$3.15b |
| Total assets | US$5.07b |
Recent financial health updates
Is ATI (NYSE:ATI) Using Too Much Debt?
Aug 26
Here's Why ATI (NYSE:ATI) Has A Meaningful Debt Burden
May 01Is ATI (NYSE:ATI) Using Too Much Debt?
Jan 02Is ATI (NYSE:ATI) Using Too Much Debt?
Sep 26These 4 Measures Indicate That ATI (NYSE:ATI) Is Using Debt Extensively
Jun 20Is ATI (NYSE:ATI) A Risky Investment?
Feb 20Recent updates
ATI's (NYSE:ATI) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 06Are Investors Undervaluing ATI Inc. (NYSE:ATI) By 50%?
Oct 22ATI Inc.'s (NYSE:ATI) P/E Is On The Mark
Oct 04ATI (NYSE:ATI) Is Experiencing Growth In Returns On Capital
Sep 16ATI: Mix Shift Towards A&D And New Sales Commitment To Drive Growth
Sep 03Is ATI (NYSE:ATI) Using Too Much Debt?
Aug 26If EPS Growth Is Important To You, ATI (NYSE:ATI) Presents An Opportunity
Jul 12Scary Headlines Open A Window Of Opportunity With ATI Stock
Jun 17We Like These Underlying Return On Capital Trends At ATI (NYSE:ATI)
Jun 05ATI Inc.'s (NYSE:ATI) P/E Still Appears To Be Reasonable
May 21Here's Why ATI (NYSE:ATI) Has A Meaningful Debt Burden
May 01Commercial Aerospace And Defense Drive ATI's Growth Amidst Market Fluctuations
Apr 01Here's Why We Think ATI (NYSE:ATI) Might Deserve Your Attention Today
Mar 28ATI (NYSE:ATI) Is Doing The Right Things To Multiply Its Share Price
Feb 25ATI (NYSE:ATI) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Feb 09Pinning Down ATI Inc.'s (NYSE:ATI) P/S Is Difficult Right Now
Jan 29Is ATI (NYSE:ATI) Using Too Much Debt?
Jan 02With EPS Growth And More, ATI (NYSE:ATI) Makes An Interesting Case
Dec 20ATI: Solid Foundation For Long-Term Growth, But With Short-Term Headwinds
Dec 14Is There An Opportunity With ATI Inc.'s (NYSE:ATI) 44% Undervaluation?
Dec 06ATI (NYSE:ATI) Is Experiencing Growth In Returns On Capital
Nov 23ATI: Improving Margin Profile Provides Support For The Premium Valuation
Sep 26Is ATI (NYSE:ATI) Using Too Much Debt?
Sep 26If EPS Growth Is Important To You, ATI (NYSE:ATI) Presents An Opportunity
Sep 10Returns On Capital Are Showing Encouraging Signs At ATI (NYSE:ATI)
Aug 23ATI Inc.'s (NYSE:ATI) Intrinsic Value Is Potentially 42% Above Its Share Price
Jul 26ATI: Solid Performance In 2023 So Far But Valuation Comes Into Question
Jul 11These 4 Measures Indicate That ATI (NYSE:ATI) Is Using Debt Extensively
Jun 20Returns At ATI (NYSE:ATI) Are On The Way Up
May 08Is ATI (NYSE:ATI) A Risky Investment?
Feb 20Allegheny Technologies Q4 2022 Earnings Preview
Feb 01Returns At ATI (NYSE:ATI) Are On The Way Up
Jan 24Short-Term Noise Shouldn't Drown Out The Attractive Commercial Aerospace Story At ATI
Nov 10ATI Q3 2022 Earnings Preview
Nov 01Financial Position Analysis
Short Term Liabilities: ATI's short term assets ($2.8B) exceed its short term liabilities ($945.3M).
Long Term Liabilities: ATI's short term assets ($2.8B) exceed its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: ATI's net debt to equity ratio (72.1%) is considered high.
Reducing Debt: ATI's debt to equity ratio has increased from 67.7% to 93.4% over the past 5 years.
Debt Coverage: ATI's debt is well covered by operating cash flow (24.8%).
Interest Coverage: ATI's interest payments on its debt are well covered by EBIT (3.9x coverage).