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Applied Industrial Technologies Inc (NYSE:AIT)

96.87 USD +1.86 USD ( +1.96% )
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Applied Industrial Technologies Inc
NYSE:AIT
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Solvency Summary

Applied Industrial Technologies Inc's solvency score is 65/100. We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and consolidate it into one single number - the solvency score. The higher the solvency score, the more solvent the company is.

65/100
Solvency
Score

We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and consolidate it into one single number - the solvency score. The higher the solvency score, the more solvent the company is.

We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and consolidate it into one single number - the solvency score. The higher the solvency score, the more solvent the company is.

65/100
Solvency
Score
65/100
Solvency
Score

Financial Position

A solvent company is one that owns more than it owes. Comparing the amount of cash and investments with existing debt gives an idea of the company's long-term financial health.

Cash & ST Investments
Applied Industrial Technologies Inc
155M
Growth Rates
1 Year
-46%
3 Years
25%
5 Years
20%
Long-Term Investments
Applied Industrial Technologies Inc
18.2M
Growth Rates
1 Year
20%
3 Years
N/A
5 Years
N/A
Debt
Applied Industrial Technologies Inc
681M
Growth Rates
1 Year
-13%
3 Years
-10%
5 Years
16%

Interest Coverage

To determine how easily a company can pay interest on its outstanding debt, the Interest Coverage ratio is used. It represents how many times the company can pay its obligations using its operating income.

The lower the ratio, the more the company is burdened by debt expenses. When a company's interest coverage ratio is only 1.5 or lower, its ability to meet interest expenses may be questionable.

Operating Income
Applied Industrial Technologies Inc
316M
Interest Paid
Applied Industrial Technologies Inc
27.5M
Interest Coverage
Applied Industrial Technologies Inc
11.49

All Solvency Ratios

Other solvency & liquidity ratios which help to assess the company’s capacity to stay afloat.

0.67
D/E
0.54
D/A
0.39
Cash Ratio
0.39
Quick Ratio
2.86
Current Ratio
5.18
Altman Z-Score

See Also

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