Rayonier Advanced Materials Balance Sheet Health
Financial Health criteria checks 3/6
Rayonier Advanced Materials has a total shareholder equity of $732.7M and total debt of $772.2M, which brings its debt-to-equity ratio to 105.4%. Its total assets and total liabilities are $2.2B and $1.4B respectively. Rayonier Advanced Materials's EBIT is $68.6M making its interest coverage ratio 0.8. It has cash and short-term investments of $136.1M.
Key information
105.4%
Debt to equity ratio
US$772.22m
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$136.09m |
| Equity | US$732.71m |
| Total liabilities | US$1.43b |
| Total assets | US$2.16b |
Recent financial health updates
Here's Why Rayonier Advanced Materials (NYSE:RYAM) Is Weighed Down By Its Debt Load
Mar 22
Is Rayonier Advanced Materials (NYSE:RYAM) A Risky Investment?
May 13Is Rayonier Advanced Materials (NYSE:RYAM) Using Debt Sensibly?
Aug 24Rayonier Advanced Materials (NYSE:RYAM) Has Debt But No Earnings; Should You Worry?
Apr 08Does Rayonier Advanced Materials (NYSE:RYAM) Have A Healthy Balance Sheet?
Nov 10Recent updates
Market Might Still Lack Some Conviction On Rayonier Advanced Materials Inc. (NYSE:RYAM) Even After 35% Share Price Boost
Aug 08Here's Why Rayonier Advanced Materials (NYSE:RYAM) Is Weighed Down By Its Debt Load
Mar 22Rayonier Advanced Materials: Despite Selling Assets, Looks Quite Undervalued
Nov 13Rayonier Advanced Materials: Uncovering Value In The Niche Of High Purity Cellulose
Jul 25Is Rayonier Advanced Materials (NYSE:RYAM) A Risky Investment?
May 13Rayonier Advanced Q4 2022 Earnings Preview
Feb 26Rayonier Advanced Materials Offers Opportunity As Pricing Improves
Jan 10Rayonier Advanced Materials expects force majeure to reduce EBITDA
Dec 27Rayonier Advanced Materials: EBITDA And Refinancing Senior Notes
Dec 20Rayonier Advanced Non-GAAP EPS of $0.28 beats by $0.18, revenue of $466M beats by $39.25M
Nov 01Is Rayonier Advanced Materials (NYSE:RYAM) Using Debt Sensibly?
Aug 24Rayonier Is Far Too Cheap
Aug 13Rayonier Advanced Materials (NYSE:RYAM) Has Debt But No Earnings; Should You Worry?
Apr 08Does Rayonier Advanced Materials (NYSE:RYAM) Have A Healthy Balance Sheet?
Nov 10Financial Position Analysis
Short Term Liabilities: RYAM's short term assets ($629.0M) exceed its short term liabilities ($363.9M).
Long Term Liabilities: RYAM's short term assets ($629.0M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: RYAM's net debt to equity ratio (86.8%) is considered high.
Reducing Debt: RYAM's debt to equity ratio has reduced from 192.8% to 105.4% over the past 5 years.
Debt Coverage: RYAM's debt is well covered by operating cash flow (26.3%).
Interest Coverage: RYAM's interest payments on its debt are not well covered by EBIT (0.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 21:05 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rayonier Advanced Materials Inc. is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Paretosh Misra | Berenberg |
| George Staphos | BofA Global Research |
| Steven Chercover | D.A. Davidson & Co. |