Rayonier Advanced Materials Balance Sheet Health
Financial Health criteria checks 2/6
Rayonier Advanced Materials has a total shareholder equity of $746.4M and total debt of $776.1M, which brings its debt-to-equity ratio to 104%. Its total assets and total liabilities are $2.2B and $1.4B respectively. Rayonier Advanced Materials's EBIT is $6.6M making its interest coverage ratio 0.1. It has cash and short-term investments of $75.8M.
Key information
104.0%
Debt to equity ratio
US$776.10m
Debt
| Interest coverage ratio | 0.09x |
| Cash | US$75.77m |
| Equity | US$746.45m |
| Total liabilities | US$1.44b |
| Total assets | US$2.18b |
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 10Does Rayonier Advanced Materials (NYSE:RYAM) Have A Healthy Balance Sheet?
Jun 22Recent updates
Here'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 10Rayonier: Watch Closely, Turnaround Incoming
Aug 25Rayonier Advanced Materials' (NYSE:RYAM) Performance Is Even Better Than Its Earnings Suggest
Aug 12Is There An Opportunity With Rayonier Advanced Materials Inc.'s (NYSE:RYAM) 35% Undervaluation?
Jul 20Does Rayonier Advanced Materials (NYSE:RYAM) Have A Healthy Balance Sheet?
Jun 22Rayonier Advanced Materials: King Of The High Purity Cellulose Specialties Market
Jun 07Here's Why Shareholders Should Examine Rayonier Advanced Materials Inc.'s (NYSE:RYAM) CEO Compensation Package More Closely
May 11Rayonier Advanced Materials Inc. 2021 Q1 - Results - Earnings Call Presentation
May 06A Look At The Fair Value Of Rayonier Advanced Materials Inc. (NYSE:RYAM)
Apr 02Is Rayonier Advanced Materials (NYSE:RYAM) Using Debt In A Risky Way?
Feb 09Are Insiders Buying Rayonier Advanced Materials Inc. (NYSE:RYAM) Stock?
Jan 19Update: Rayonier Advanced Materials (NYSE:RYAM) Stock Gained 70% In The Last Year
Dec 29
Financial Position Analysis
Short Term Liabilities: RYAM's short term assets ($575.1M) exceed its short term liabilities ($375.8M).
Long Term Liabilities: RYAM's short term assets ($575.1M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: RYAM's net debt to equity ratio (93.8%) is considered high.
Reducing Debt: RYAM's debt to equity ratio has reduced from 167.6% to 104% over the past 5 years.
Debt Coverage: RYAM's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: RYAM's interest payments on its debt are not well covered by EBIT (0.1x coverage).