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 ratio5.3x
CashUS$545.80m
EquityUS$2.34b
Total liabilitiesUS$3.63b
Total assetsUS$5.97b

Recent financial health updates

Recent updates

Avient: Growth Opportunities And New CEO

Feb 28

What Does Avient Corporation's (NYSE:AVNT) Share Price Indicate?

Feb 20
What Does Avient Corporation's (NYSE:AVNT) Share Price Indicate?

Risks To Shareholder Returns Are Elevated At These Prices For Avient Corporation (NYSE:AVNT)

Feb 05
Risks To Shareholder Returns Are Elevated At These Prices For Avient Corporation (NYSE:AVNT)

Is Avient (NYSE:AVNT) A Risky Investment?

Dec 26
Is Avient (NYSE:AVNT) A Risky Investment?

Avient Corporation's (NYSE:AVNT) Intrinsic Value Is Potentially 80% Above Its Share Price

Dec 11
Avient Corporation's (NYSE:AVNT) Intrinsic Value Is Potentially 80% Above Its Share Price

Avient (NYSE:AVNT) Is Paying Out A Larger Dividend Than Last Year

Nov 04
Avient (NYSE:AVNT) Is Paying Out A Larger Dividend Than Last Year

Avient Corporation: Long-Term Prospects Remain Encouraging Despite Risks

Oct 24

Avient (NYSE:AVNT) Is Increasing Its Dividend To $0.2575

Oct 17
Avient (NYSE:AVNT) Is Increasing Its Dividend To $0.2575

When Should You Buy Avient Corporation (NYSE:AVNT)?

Oct 03
When Should You Buy Avient Corporation (NYSE:AVNT)?

Avient: Weaker Demand Creates Uncertainties

Aug 12

A Look At The Intrinsic Value Of Avient Corporation (NYSE:AVNT)

Aug 03
A Look At The Intrinsic Value Of Avient Corporation (NYSE:AVNT)

Here's Why Avient (NYSE:AVNT) Has A Meaningful Debt Burden

Jul 11
Here's Why Avient (NYSE:AVNT) Has A Meaningful Debt Burden

Is It Time To Consider Buying Avient Corporation (NYSE:AVNT)?

Jun 23
Is It Time To Consider Buying Avient Corporation (NYSE:AVNT)?

Is Avient Corporation (NYSE:AVNT) Trading At A 43% Discount?

Apr 14
Is Avient Corporation (NYSE:AVNT) Trading At A 43% Discount?

Is Avient (NYSE:AVNT) Using Too Much Debt?

Mar 26
Is Avient (NYSE:AVNT) Using Too Much Debt?

When Should You Buy Avient Corporation (NYSE:AVNT)?

Mar 02
When Should You Buy Avient Corporation (NYSE:AVNT)?

Avient declares $0.2475 dividend

Feb 13

Avient Corporation (NYSE:AVNT) Shares Could Be 42% Below Their Intrinsic Value Estimate

Jan 06
Avient Corporation (NYSE:AVNT) Shares Could Be 42% Below Their Intrinsic Value Estimate

Avient: A Transformed Business With High Resiliency

Jan 03

These 4 Measures Indicate That Avient (NYSE:AVNT) Is Using Debt Extensively

Dec 19
These 4 Measures Indicate That Avient (NYSE:AVNT) Is Using Debt Extensively

Avient's (NYSE:AVNT) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 29
Avient's (NYSE:AVNT) Shareholders Will Receive A Bigger Dividend Than Last Year

When Should You Buy Avient Corporation (NYSE:AVNT)?

Nov 25
When Should You Buy Avient Corporation (NYSE:AVNT)?

Avient (NYSE:AVNT) Is Increasing Its Dividend To $0.2475

Nov 02
Avient (NYSE:AVNT) Is Increasing Its Dividend To $0.2475

Avient Non-GAAP EPS of $0.59 misses by $0.01, revenue of $823.3M misses by $27.52M

Nov 02

Avient's (NYSE:AVNT) Shareholders Will Receive A Bigger Dividend Than Last Year

Oct 18
Avient's (NYSE:AVNT) Shareholders Will Receive A Bigger Dividend Than Last Year

Avient raises dividend by 4% to $0.2475

Oct 13

Time To Worry? Analysts Are Downgrading Their Avient Corporation (NYSE:AVNT) Outlook

Sep 30
Time To Worry? Analysts Are Downgrading Their Avient Corporation (NYSE:AVNT) Outlook

Avient Corporation (NYSE:AVNT) Shares Could Be 48% Below Their Intrinsic Value Estimate

Sep 16
Avient Corporation (NYSE:AVNT) Shares Could Be 48% Below Their Intrinsic Value Estimate

Avient: Completing Its Transition

Sep 07

If EPS Growth Is Important To You, Avient (NYSE:AVNT) Presents An Opportunity

Sep 01
If EPS Growth Is Important To You, Avient (NYSE:AVNT) Presents An Opportunity

At US$49.53, Is Avient Corporation (NYSE:AVNT) Worth Looking At Closely?

Aug 17
At US$49.53, Is Avient Corporation (NYSE:AVNT) Worth Looking At Closely?

Avient: 4 Reasons Why It Belongs In Your Portfolio

Aug 06

Ceragon clarifies its engagement with Aviat Networks

Jul 25

Avient declares $0.2375 dividend

Jul 13

We Think Avient (NYSE:AVNT) Can Stay On Top Of Its Debt

Jun 27
We Think Avient (NYSE:AVNT) Can Stay On Top Of Its Debt

Is There An Opportunity With Avient Corporation's (NYSE:AVNT) 47% Undervaluation?

Jun 08
Is There An Opportunity With Avient Corporation's (NYSE:AVNT) 47% Undervaluation?

Avient: Major Upside From Improved Margins And Generous Dividend Growth

Jun 04

With EPS Growth And More, Avient (NYSE:AVNT) Is Interesting

May 24
With EPS Growth And More, Avient (NYSE:AVNT) Is Interesting

Financial 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).


Balance Sheet


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