Atlantica Sustainable Infrastructure Balance Sheet Health
Financial Health criteria checks 2/6
Atlantica Sustainable Infrastructure has a total shareholder equity of $1.6B and total debt of $5.4B, which brings its debt-to-equity ratio to 342%. Its total assets and total liabilities are $8.7B and $7.1B respectively. Atlantica Sustainable Infrastructure's EBIT is $264.1M making its interest coverage ratio 0.8. It has cash and short-term investments of $448.3M.
Key information
342.0%
Debt to equity ratio
US$5.43b
Debt
Interest coverage ratio | 0.8x |
Cash | US$448.30m |
Equity | US$1.59b |
Total liabilities | US$7.13b |
Total assets | US$8.71b |
Recent financial health updates
Does Atlantica Sustainable Infrastructure (NASDAQ:AY) Have A Healthy Balance Sheet?
Jan 04Is Atlantica Sustainable Infrastructure (NASDAQ:AY) Using Too Much Debt?
Sep 25Atlantica Sustainable Infrastructure (NASDAQ:AY) Use Of Debt Could Be Considered Risky
Jun 26Is Atlantica Sustainable Infrastructure (NASDAQ:AY) Using Too Much Debt?
Mar 28Is Atlantica Sustainable Infrastructure (NASDAQ:AY) Using Too Much Debt?
Dec 08Atlantica Sustainable Infrastructure (NASDAQ:AY) Has A Somewhat Strained Balance Sheet
Aug 08Recent updates
Atlantica Sustainable Infrastructure: A Bargain At A 10%+ CAFD Yield
Mar 05Atlantica Sustainable Infrastructure plc Just Recorded A 45% EPS Beat: Here's What Analysts Are Forecasting Next
Mar 04Atlantica Sustainable Infrastructure plc's (NASDAQ:AY) Share Price Not Quite Adding Up
Feb 21Atlantica Sustainable Infrastructure: Think About Total Returns
Feb 01Atlantica Sustainable: Demystifying The Sustainability Of The Dividend
Jan 22What Is Atlantica Sustainable Infrastructure plc's (NASDAQ:AY) Share Price Doing?
Jan 19Does Atlantica Sustainable Infrastructure (NASDAQ:AY) Have A Healthy Balance Sheet?
Jan 04Atlantica Sustainable Infrastructure (NASDAQ:AY) May Have Issues Allocating Its Capital
Dec 14Atlantica Sustainable Infrastructure plc (NASDAQ:AY) Shares Could Be 33% Below Their Intrinsic Value Estimate
Nov 14Is Atlantica Sustainable Infrastructure (NASDAQ:AY) Using Too Much Debt?
Sep 25Atlantica Sustainable Infrastructure (NASDAQ:AY) May Have Issues Allocating Its Capital
Aug 24Atlantica Sustainable Infrastructure (NASDAQ:AY) Use Of Debt Could Be Considered Risky
Jun 26Returns On Capital At Atlantica Sustainable Infrastructure (NASDAQ:AY) Paint A Concerning Picture
May 10Is Atlantica Sustainable Infrastructure (NASDAQ:AY) Using Too Much Debt?
Mar 28Is Atlantica Sustainable Infrastructure (NASDAQ:AY) Using Too Much Debt?
Dec 08Atlantica Sustainable Infrastructure (NASDAQ:AY) Could Be At Risk Of Shrinking As A Company
Oct 27Atlantica Sustainable Infrastructure: Solid Dividends, Upside In Renewables
Sep 14Atlantica Sustainable Infrastructure (NASDAQ:AY) Has A Somewhat Strained Balance Sheet
Aug 08Atlantica Sustainable Infrastructure Is Outperforming LQD Year To Date, And Likely To Continue Doing So
Aug 01Atlantica Sustainable Infrastructure (NASDAQ:AY) Hasn't Managed To Accelerate Its Returns
Jul 12Atlantica Sustainable Infrastructure: My Long-Term Bet On The Energy Transition
May 19Is Atlantica Sustainable Infrastructure (NASDAQ:AY) A Risky Investment?
Apr 20Atlantica Sustainable Infrastructure's (NASDAQ:AY) Returns Have Hit A Wall
Mar 24Atlantica Sustainable: Why We Took A Pass On Investing
Mar 22Atlantica Sustainable Infrastructure Rains Down An Increasing Dividend
Jan 07Here's Why Atlantica Sustainable Infrastructure (NASDAQ:AY) Is Weighed Down By Its Debt Load
Jan 05Capital Allocation Trends At Atlantica Sustainable Infrastructure (NASDAQ:AY) Aren't Ideal
Dec 07We Plan To Buy Atlantica Sustainable Infrastructure As A Bond Substitute
Nov 26If You Like EPS Growth Then Check Out Atlantica Sustainable Infrastructure (NASDAQ:AY) Before It's Too Late
Nov 11Atlantica Sustainable Infrastructure Stands To Benefit From The Great Transition To Renewables
Oct 15Is Atlantica Sustainable Infrastructure (NASDAQ:AY) Using Too Much Debt?
Sep 17Atlantica Sustainable Infrastructure: The Highest-Yielding Green Stock Is Rock Solid
Aug 16Atlantica Sustainable Infrastructure's (NASDAQ:AY) Returns Have Hit A Wall
Aug 12Here's Why We Think Atlantica Sustainable Infrastructure (NASDAQ:AY) Is Well Worth Watching
Jul 26Atlantica Sustainable Infrastructure (NASDAQ:AY) Takes On Some Risk With Its Use Of Debt
Jun 03Atlantica Yield raises dividend to $0.43
May 06Financial Position Analysis
Short Term Liabilities: AY's short term assets ($982.2M) exceed its short term liabilities ($607.8M).
Long Term Liabilities: AY's short term assets ($982.2M) do not cover its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: AY's net debt to equity ratio (313.8%) is considered high.
Reducing Debt: AY's debt to equity ratio has reduced from 346.7% to 342% over the past 5 years.
Debt Coverage: AY's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: AY's interest payments on its debt are not well covered by EBIT (0.8x coverage).