This company has been acquired
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
Does Atlas (NYSE:ATCO) Have A Healthy Balance Sheet?
Jun 08
Is Atlas (NYSE:ATCO) A Risky Investment?
Mar 02Atlas (NYSE:ATCO) Has A Somewhat Strained Balance Sheet
Dec 01We Think Atlas (NYSE:ATCO) Is Taking Some Risk With Its Debt
Aug 27Does Atlas (NYSE:ATCO) Have A Healthy Balance Sheet?
May 16Is Atlas (NYSE:ATCO) A Risky Investment?
Feb 10
Recent updates
Atlas Q4 2022 Earnings Preview
Feb 14Atlas declares $0.125 dividend
Jan 05Atlas declares $0.125 dividend
Oct 06Seaspan announces update regarding order for four 7,700 TEU dual-fuel LNG containership newbuilds
Sep 15Albright Capital to vote 'no' on $14.45/share takeover bid
Sep 06The Atlas Corp. Special Situation
Aug 17Atlas Management Proposes To Muscle Out Minority Shareholders
Aug 05Atlas (NYSE:ATCO) Is Due To Pay A Dividend Of $0.125
Jul 13Atlas declares $0.125 dividend
Jul 07Atlas: More Vessels, Great 2022 Guidance, And Beneficial Estimates
Jun 24Does Atlas (NYSE:ATCO) Have A Healthy Balance Sheet?
Jun 08Atlas Corp. Shares At Key Support Ahead Of Q1 Earnings
May 10What Does Atlas Corp.'s (NYSE:ATCO) Share Price Indicate?
May 02Is Atlas (NYSE:ATCO) A Risky Investment?
Mar 02Atlas Corp.: An Amalgam Of Global Solutions
Feb 24Why Atlas Corp. (NYSE:ATCO) Could Be Worth Watching
Jan 26Atlas (NYSE:ATCO) Is Due To Pay A Dividend Of US$0.13
Jan 09Atlas Corp. Is Currently A Buy - Based On Intrinsic Value
Dec 09Atlas (NYSE:ATCO) Has A Somewhat Strained Balance Sheet
Dec 01Atlas (NYSE:ATCO) Has Re-Affirmed Its Dividend Of US$0.13
Oct 10What Is Atlas Corp.'s (NYSE:ATCO) Share Price Doing?
Oct 04Atlas Is Sailing On A Solid Future Cash Flow
Sep 17We Think Atlas (NYSE:ATCO) Is Taking Some Risk With Its Debt
Aug 27Atlas Corporation: Unrivalled Cash Flow Visibility
Aug 12Atlas (NYSE:ATCO) Has Announced A Dividend Of US$0.13
Jul 10Atlas: Much Higher Earnings Already Aboard
Jun 30Should You Investigate Atlas Corp. (NYSE:ATCO) At US$14.39?
Jun 25Does Atlas (NYSE:ATCO) Have A Healthy Balance Sheet?
May 16Atlas Corp. 2021 Q1 - Results - Earnings Call Presentation
May 04Does It Make Sense To Buy Atlas Corp. (NYSE:ATCO) For Its Yield?
Apr 28Is There Now An Opportunity In Atlas Corp. (NYSE:ATCO)?
Mar 27Is Atlas Corp. (NYSE:ATCO) Popular Amongst Insiders?
Mar 12Atlas Corp.'s (NYSE:ATCO) Stock Is Going Strong: Have Financials A Role To Play?
Feb 25Is Atlas (NYSE:ATCO) A Risky Investment?
Feb 10Read This Before Buying Atlas Corp. (NYSE:ATCO) For Its Dividend
Jan 26New finance chief at Atlas
Jan 11Did You Participate In Any Of Atlas' (NYSE:ATCO) Respectable 79% Return?
Jan 11Atlas declares $0.125 dividend
Jan 05Is There Now An Opportunity In Atlas Corp. (NYSE:ATCO)?
Dec 27Atlas' subsidiary Seaspan prices $175M exchangeable debt offering
Dec 17Atlas' subsidiary Seaspan launches $175M debt offering
Dec 16Are Atlas's (NYSE:ATCO) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 12What Kind Of Investors Own Most Of Atlas Corp. (NYSE:ATCO)?
Nov 27Atlas subsidiary takes delivery of two containerships on long-term charter
Nov 03Atlas Corp.: Strong Growth Ahead If You Accept The Risks
Nov 02Financial Position Analysis
Short Term Liabilities: ATCO's short term assets ($593.2M) do not cover its short term liabilities ($1.0B).
Long Term Liabilities: ATCO's short term assets ($593.2M) do not cover its long term liabilities ($5.8B).
Debt to Equity History and Analysis
Debt Level: ATCO's net debt to equity ratio (77.1%) is considered high.
Reducing Debt: ATCO's debt to equity ratio has reduced from 134.4% to 83.4% over the past 5 years.
Debt Coverage: ATCO's debt is well covered by operating cash flow (23.2%).
Interest Coverage: ATCO's interest payments on its debt are well covered by EBIT (6.8x coverage).