Air Transport Services Group Balance Sheet Health
Financial Health criteria checks 2/6
Air Transport Services Group has a total shareholder equity of $1.5B and total debt of $1.6B, which brings its debt-to-equity ratio to 111.4%. Its total assets and total liabilities are $3.9B and $2.5B respectively. Air Transport Services Group's EBIT is $114.2M making its interest coverage ratio 1.4. It has cash and short-term investments of $28.7M.
Key information
111.4%
Debt to equity ratio
US$1.63b
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$28.71m |
| Equity | US$1.47b |
| Total liabilities | US$2.47b |
| Total assets | US$3.94b |
Recent financial health updates
Air Transport Services Group (NASDAQ:ATSG) Has No Shortage Of Debt
Jan 18
Does Air Transport Services Group (NASDAQ:ATSG) Have A Healthy Balance Sheet?
Oct 12Air Transport Services Group (NASDAQ:ATSG) Has A Somewhat Strained Balance Sheet
Jun 13Is Air Transport Services Group (NASDAQ:ATSG) A Risky Investment?
Feb 03Does Air Transport Services Group (NASDAQ:ATSG) Have A Healthy Balance Sheet?
Oct 26Here's Why Air Transport Services Group (NASDAQ:ATSG) Has A Meaningful Debt Burden
Jul 20Recent updates
Here's What's Concerning About Air Transport Services Group's (NASDAQ:ATSG) Returns On Capital
Oct 07When Should You Buy Air Transport Services Group, Inc. (NASDAQ:ATSG)?
Sep 10Air Transport Services Group: A Buy On Market Stabilization And Amazon Opportunity
Aug 28Is There An Opportunity With Air Transport Services Group, Inc.'s (NASDAQ:ATSG) 22% Undervaluation?
Aug 11Earnings Tell The Story For Air Transport Services Group, Inc. (NASDAQ:ATSG) As Its Stock Soars 29%
Jul 17Should You Investigate Air Transport Services Group, Inc. (NASDAQ:ATSG) At US$12.39?
Jun 09What You Can Learn From Air Transport Services Group, Inc.'s (NASDAQ:ATSG) P/E
May 09Why Is Air Transport Services Group Stock Up? Amazon Is The Answer
May 08Air Transport Services Group's (NASDAQ:ATSG) Returns Have Hit A Wall
Mar 22At US$12.19, Is Air Transport Services Group, Inc. (NASDAQ:ATSG) Worth Looking At Closely?
Feb 29Air Transport Services Group (NASDAQ:ATSG) Has No Shortage Of Debt
Jan 18Air Transport Services Group, Inc.'s (NASDAQ:ATSG) Earnings Are Not Doing Enough For Some Investors
Dec 19Does Air Transport Services Group (NASDAQ:ATSG) Have A Healthy Balance Sheet?
Oct 12Is There Now An Opportunity In Air Transport Services Group, Inc. (NASDAQ:ATSG)?
Jul 20Air Transport Services Group (NASDAQ:ATSG) Has A Somewhat Strained Balance Sheet
Jun 13An Intrinsic Calculation For Air Transport Services Group, Inc. (NASDAQ:ATSG) Suggests It's 35% Undervalued
Feb 26Is Air Transport Services Group (NASDAQ:ATSG) A Risky Investment?
Feb 03Does Air Transport Services Group (NASDAQ:ATSG) Have A Healthy Balance Sheet?
Oct 26With EPS Growth And More, Air Transport Services Group (NASDAQ:ATSG) Makes An Interesting Case
Sep 20Air Transport Services: Frantic Travel Disruption Spurs Stock Profit Prospects
Aug 20Here's Why Air Transport Services Group (NASDAQ:ATSG) Has A Meaningful Debt Burden
Jul 20I Ran A Stock Scan For Earnings Growth And Air Transport Services Group (NASDAQ:ATSG) Passed With Ease
Apr 06Air Transport Group Delivering On At Least Some Of Its Potential
Mar 17Here's Why Air Transport Services Group (NASDAQ:ATSG) Has A Meaningful Debt Burden
Mar 03Air Transport Services Group: An Investment Assessment
Jan 09We Think Air Transport Services Group (NASDAQ:ATSG) Is Taking Some Risk With Its Debt
Dec 01Financial Position Analysis
Short Term Liabilities: ATSG's short term assets ($315.5M) do not cover its short term liabilities ($428.8M).
Long Term Liabilities: ATSG's short term assets ($315.5M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: ATSG's net debt to equity ratio (109.4%) is considered high.
Reducing Debt: ATSG's debt to equity ratio has reduced from 388.9% to 111.4% over the past 5 years.
Debt Coverage: ATSG's debt is well covered by operating cash flow (31.2%).
Interest Coverage: ATSG's interest payments on its debt are not well covered by EBIT (1.4x coverage).