Air Transport Services Group Balance Sheet Health
Financial Health criteria checks 2/6
Air Transport Services Group has a total shareholder equity of $1.4B and total debt of $1.8B, which brings its debt-to-equity ratio to 128.8%. Its total assets and total liabilities are $3.9B and $2.5B respectively. Air Transport Services Group's EBIT is $162.8M making its interest coverage ratio 2.2. It has cash and short-term investments of $36.4M.
Key information
128.8%
Debt to equity ratio
US$1.76b
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$36.36m |
| Equity | US$1.37b |
| Total liabilities | US$2.51b |
| Total assets | US$3.88b |
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
Air 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 01Air Transport Services Group: Leveraging Strong Air Cargo Demand
Sep 01Air Transport Services Group, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Aug 12Air Transport Services Group (NASDAQ:ATSG) Takes On Some Risk With Its Use Of Debt
Aug 07Air Transport Services EPS misses by $0.10, misses on revenue
May 05Is Air Transport Services Group (NASDAQ:ATSG) Using Too Much Debt?
May 02Should You Be Worried About Air Transport Services Group, Inc.'s (NASDAQ:ATSG) 2.9% Return On Equity?
Mar 21Need To Know: Air Transport Services Group, Inc. (NASDAQ:ATSG) Insiders Have Been Selling Shares
Feb 28Does Air Transport Services Group (NASDAQ:ATSG) Have A Healthy Balance Sheet?
Jan 29
Is Air Transport Services Group's (NASDAQ:ATSG) 210% Share Price Increase Well Justified?
Dec 25Financial Position Analysis
Short Term Liabilities: ATSG's short term assets ($345.7M) do not cover its short term liabilities ($400.2M).
Long Term Liabilities: ATSG's short term assets ($345.7M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: ATSG's net debt to equity ratio (126.1%) is considered high.
Reducing Debt: ATSG's debt to equity ratio has reduced from 321.1% to 128.8% over the past 5 years.
Debt Coverage: ATSG's debt is well covered by operating cash flow (37.1%).
Interest Coverage: ATSG's interest payments on its debt are not well covered by EBIT (2.2x coverage).