Atlas Balance Sheet Health
Financial Health criteria checks 3/6
Atlas has a total shareholder equity of $4.4B and total debt of $3.7B, which brings its debt-to-equity ratio to 83.4%. Its total assets and total liabilities are $11.3B and $6.9B respectively. Atlas's EBIT is $733.8M making its interest coverage ratio 6.8. It has cash and short-term investments of $280.0M.
Key information
83.4%
Debt to equity ratio
US$3.69b
Debt
| Interest coverage ratio | 6.8x |
| Cash | US$280.00m |
| Equity | US$4.43b |
| Total liabilities | US$6.88b |
| Total assets | US$11.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATCO.PRD's short term assets ($593.2M) do not cover its short term liabilities ($1.0B).
Long Term Liabilities: ATCO.PRD's short term assets ($593.2M) do not cover its long term liabilities ($5.8B).
Debt to Equity History and Analysis
Debt Level: ATCO.PRD's net debt to equity ratio (77.1%) is considered high.
Reducing Debt: ATCO.PRD's debt to equity ratio has reduced from 134.4% to 83.4% over the past 5 years.
Debt Coverage: ATCO.PRD's debt is well covered by operating cash flow (23.2%).
Interest Coverage: ATCO.PRD's interest payments on its debt are well covered by EBIT (6.8x coverage).