Avient Balance Sheet Health
Financial Health criteria checks 3/6
Avient has a total shareholder equity of $2.3B and total debt of $2.1B, which brings its debt-to-equity ratio to 89%. Its total assets and total liabilities are $6.0B and $3.6B respectively. Avient's EBIT is $306.9M making its interest coverage ratio 5.3. It has cash and short-term investments of $545.8M.
Key information
89.0%
Debt to equity ratio
US$2.08b
Debt
Interest coverage ratio | 5.3x |
Cash | US$545.80m |
Equity | US$2.34b |
Total liabilities | US$3.63b |
Total assets | US$5.97b |
Recent financial health updates
Is Avient (NYSE:AVNT) A Risky Investment?
Dec 26Here's Why Avient (NYSE:AVNT) Has A Meaningful Debt Burden
Jul 11Is Avient (NYSE:AVNT) Using Too Much Debt?
Mar 26These 4 Measures Indicate That Avient (NYSE:AVNT) Is Using Debt Extensively
Dec 19We Think Avient (NYSE:AVNT) Can Stay On Top Of Its Debt
Jun 27Recent updates
Avient: Growth Opportunities And New CEO
Feb 28What Does Avient Corporation's (NYSE:AVNT) Share Price Indicate?
Feb 20Risks To Shareholder Returns Are Elevated At These Prices For Avient Corporation (NYSE:AVNT)
Feb 05Is Avient (NYSE:AVNT) A Risky Investment?
Dec 26Avient Corporation's (NYSE:AVNT) Intrinsic Value Is Potentially 80% Above Its Share Price
Dec 11Avient (NYSE:AVNT) Is Paying Out A Larger Dividend Than Last Year
Nov 04Avient Corporation: Long-Term Prospects Remain Encouraging Despite Risks
Oct 24Avient (NYSE:AVNT) Is Increasing Its Dividend To $0.2575
Oct 17When Should You Buy Avient Corporation (NYSE:AVNT)?
Oct 03Avient: Weaker Demand Creates Uncertainties
Aug 12A Look At The Intrinsic Value Of Avient Corporation (NYSE:AVNT)
Aug 03Here's Why Avient (NYSE:AVNT) Has A Meaningful Debt Burden
Jul 11Is It Time To Consider Buying Avient Corporation (NYSE:AVNT)?
Jun 23Is Avient Corporation (NYSE:AVNT) Trading At A 43% Discount?
Apr 14Is Avient (NYSE:AVNT) Using Too Much Debt?
Mar 26When Should You Buy Avient Corporation (NYSE:AVNT)?
Mar 02Avient declares $0.2475 dividend
Feb 13Avient Corporation (NYSE:AVNT) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jan 06Avient: A Transformed Business With High Resiliency
Jan 03These 4 Measures Indicate That Avient (NYSE:AVNT) Is Using Debt Extensively
Dec 19Avient's (NYSE:AVNT) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 29When Should You Buy Avient Corporation (NYSE:AVNT)?
Nov 25Avient (NYSE:AVNT) Is Increasing Its Dividend To $0.2475
Nov 02Avient Non-GAAP EPS of $0.59 misses by $0.01, revenue of $823.3M misses by $27.52M
Nov 02Avient's (NYSE:AVNT) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 18Avient raises dividend by 4% to $0.2475
Oct 13Time To Worry? Analysts Are Downgrading Their Avient Corporation (NYSE:AVNT) Outlook
Sep 30Avient Corporation (NYSE:AVNT) Shares Could Be 48% Below Their Intrinsic Value Estimate
Sep 16Avient: Completing Its Transition
Sep 07If EPS Growth Is Important To You, Avient (NYSE:AVNT) Presents An Opportunity
Sep 01At US$49.53, Is Avient Corporation (NYSE:AVNT) Worth Looking At Closely?
Aug 17Avient: 4 Reasons Why It Belongs In Your Portfolio
Aug 06Ceragon clarifies its engagement with Aviat Networks
Jul 25Avient declares $0.2375 dividend
Jul 13We Think Avient (NYSE:AVNT) Can Stay On Top Of Its Debt
Jun 27Is There An Opportunity With Avient Corporation's (NYSE:AVNT) 47% Undervaluation?
Jun 08Avient: Major Upside From Improved Margins And Generous Dividend Growth
Jun 04With EPS Growth And More, Avient (NYSE:AVNT) Is Interesting
May 24Financial Position Analysis
Short Term Liabilities: AVNT's short term assets ($1.4B) exceed its short term liabilities ($773.6M).
Long Term Liabilities: AVNT's short term assets ($1.4B) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: AVNT's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: AVNT's debt to equity ratio has reduced from 251.1% to 89% over the past 5 years.
Debt Coverage: AVNT's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: AVNT's interest payments on its debt are well covered by EBIT (5.3x coverage).