Atkore International Group Inc

NYSE ATKR

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Atkore International Group Inc Debt to Tangible Net Worth Ratio 3 year CAGR for the quarter ending March 31, 2024: -49.83%

Atkore International Group Inc Debt to Tangible Net Worth Ratio 3 year CAGR is -49.83% for the quarter ending March 31, 2024. The debt to tangible net worth ratio measures the level of debt relative to a company's tangible net worth. It is calculated by dividing total debt by the difference between shareholders' equity and intangible assets (such as goodwill). This ratio provides insights into the company's financial leverage, excluding intangible assets. A higher ratio suggests a higher level of debt burden in relation to tangible net worth. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Atkore International Group Inc Debt to Tangible Net Worth Ratio for the quarter ending March 31, 2023 was 1.29, a -5.03% change year over year.
Atkore International Group Inc Debt to Tangible Net Worth Ratio for the quarter ending March 31, 2022 was 1.35, a -80.52% change year over year.
Atkore International Group Inc Debt to Tangible Net Worth Ratio for the quarter ending March 31, 2021 was 6.96, a 230.75% change year over year.
Atkore International Group Inc Debt to Tangible Net Worth Ratio for the quarter ending March 31, 2020 was -5.32, a -80.59% change year over year.

NYSE: ATKR

Atkore International Group Inc

CEO	Mr. William E. Waltz Jr.
IPO Date	June 10, 2016
Location	United States
Headquarters	16100 South Lathrop Avenue, Harvey, IL, United States, 60426
Employees	4,816
Sector	Industrials
Industry	Electrical equipment & parts

Description

Atkore Inc. engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions in the United States and internationally. The company offers conduits, cables, and installation accessories. It also designs and manufactures protection and reliability solutions for critical infrastructure, such as metal framing, mechanical pipe, perimeter security, and cable management. The company offers its products under the Allied Tube & Conduit, AFC Cable Systems, Kaf-Tech, Heritage Plastics, Unistrut, Power-Strut, Cope, US Tray, FRE Composites, United Poly Systems, Calbond, and Calpipe. It serves various end markets, including new construction; maintenance, repair, and remodel; infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and governments through electrical, industrial, and mechanical contractors, as well as original equipment manufacturers. The company was formerly known as Atkore International Group Inc. and changed its name to Atkore Inc. in February 2021. Atkore Inc. was founded in 1959 and is headquartered in Harvey, Illinois.

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