ATI Balance Sheet Health
Financial Health criteria checks 3/6
ATI has a total shareholder equity of $1.4B and total debt of $2.0B, which brings its debt-to-equity ratio to 149%. Its total assets and total liabilities are $4.8B and $3.4B respectively. ATI's EBIT is $406.6M making its interest coverage ratio 4.1. It has cash and short-term investments of $394.8M.
Key information
149.0%
Debt to equity ratio
US$2.05b
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$394.80m |
| Equity | US$1.37b |
| Total liabilities | US$3.41b |
| Total assets | US$4.78b |
Recent financial health updates
Here's Why ATI (NYSE:ATI) Has A Meaningful Debt Burden
May 01
Is 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 20ATI (NYSE:ATI) Takes On Some Risk With Its Use Of Debt
Sep 29Recent updates
Here'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 01ATI (NYSE:ATI) Takes On Some Risk With Its Use Of Debt
Sep 29ATI: Strong Buy On High-Demand From Multiple Industries
Sep 12News Flash: Analysts Just Made A Substantial Upgrade To Their ATI Inc. (NYSE:ATI) Forecasts
Aug 07Allegheny Technologies Q2 2022 Earnings Preview
Aug 03ATI signs new multi-year supply agreement with GKN Aerospace
Jul 19Allegheny Technologies (NYSE:ATI) Shareholders Will Want The ROCE Trajectory To Continue
Jul 04Allegheny Technologies: Riding The Growth
Jun 20Here's Why Allegheny Technologies (NYSE:ATI) Has A Meaningful Debt Burden
Jun 07New Forecasts: Here's What Analysts Think The Future Holds For Allegheny Technologies Incorporated (NYSE:ATI)
May 09Allegheny Technologies Setting Up For Higher Highs As Aerospace Recovers
Mar 25Allegheny Technologies' (NYSE:ATI) Returns On Capital Are Heading Higher
Mar 01Financial Position Analysis
Short Term Liabilities: ATI's short term assets ($2.5B) exceed its short term liabilities ($897.1M).
Long Term Liabilities: ATI's short term assets ($2.5B) exceed its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: ATI's net debt to equity ratio (120.2%) is considered high.
Reducing Debt: ATI's debt to equity ratio has increased from 75.1% to 149% over the past 5 years.
Debt Coverage: ATI's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: ATI's interest payments on its debt are well covered by EBIT (4.1x coverage).