American Vanguard Balance Sheet Health
Financial Health criteria checks 2/6
American Vanguard has a total shareholder equity of $371.6M and total debt of $187.0M, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are $781.6M and $410.0M respectively. American Vanguard's EBIT is $26.1M making its interest coverage ratio 1.8. It has cash and short-term investments of $13.7M.
Key information
50.3%
Debt to equity ratio
US$187.02m
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$13.71m |
| Equity | US$371.58m |
| Total liabilities | US$410.04m |
| Total assets | US$781.63m |
Recent financial health updates
These 4 Measures Indicate That American Vanguard (NYSE:AVD) Is Using Debt Extensively
Oct 26
Does American Vanguard (NYSE:AVD) Have A Healthy Balance Sheet?
Nov 12Is American Vanguard (NYSE:AVD) Using Too Much Debt?
Mar 09We Think American Vanguard (NYSE:AVD) Can Stay On Top Of Its Debt
Nov 10Recent updates
American Vanguard (NYSE:AVD) Is Due To Pay A Dividend Of $0.03
Mar 16Cove Street Capital - American Vanguard: A Unique Confluence Of Highly Favorable Factors
Feb 04American Vanguard Corporation: Large Declines In Price Don't Always Mean Value
Dec 25American Vanguard's (NYSE:AVD) Dividend Will Be $0.03
Dec 18These 4 Measures Indicate That American Vanguard (NYSE:AVD) Is Using Debt Extensively
Oct 26American Vanguard: Current Pessimism Represents A Good Opportunity For Long-Term Investors
Sep 28American Vanguard (NYSE:AVD) Will Pay A Dividend Of $0.03
Sep 15American Vanguard: Acquisitions Creating Growth And Reducing Cyclicality
Jul 11Returns At American Vanguard (NYSE:AVD) Appear To Be Weighed Down
May 11American Vanguard: Mixed Agriculture Outlook, Don't Gamble
Feb 08American Vanguard unit acquires assets of American Bio-Systems
Jan 17American Vanguard raises dividend by 20% to $0.03
Dec 12Does American Vanguard (NYSE:AVD) Have A Healthy Balance Sheet?
Nov 12Should You Investigate American Vanguard Corporation (NYSE:AVD) At US$22.56?
Oct 19American Vanguard (NYSE:AVD) Is Looking To Continue Growing Its Returns On Capital
Oct 05American Vanguard declares $0.025 dividend
Sep 12If EPS Growth Is Important To You, American Vanguard (NYSE:AVD) Presents An Opportunity
Sep 02American Vanguard announces $20M accelerated stock buyback
Aug 23American Vanguard (NYSE:AVD) Might Have The Makings Of A Multi-Bagger
Jun 10Here's Why I Think American Vanguard (NYSE:AVD) Is An Interesting Stock
May 27Is American Vanguard (NYSE:AVD) Using Too Much Debt?
Mar 09We Think American Vanguard (NYSE:AVD) Can Stay On Top Of Its Debt
Nov 10Financial Position Analysis
Short Term Liabilities: AVD's short term assets ($446.9M) exceed its short term liabilities ($195.4M).
Long Term Liabilities: AVD's short term assets ($446.9M) exceed its long term liabilities ($214.6M).
Debt to Equity History and Analysis
Debt Level: AVD's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: AVD's debt to equity ratio has increased from 45.4% to 50.3% over the past 5 years.
Debt Coverage: AVD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AVD's interest payments on its debt are not well covered by EBIT (1.8x coverage).