Melrose Industries Balance Sheet Health
Financial Health criteria checks 2/6
Melrose Industries has a total shareholder equity of £3.6B and total debt of £630.0M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are £6.9B and £3.4B respectively. Melrose Industries's EBIT is £56.0M making its interest coverage ratio 1. It has cash and short-term investments of £58.0M.
Key information
17.7%
Debt to equity ratio
UK£630.00m
Debt
| Interest coverage ratio | 1x |
| Cash | UK£58.00m |
| Equity | UK£3.57b |
| Total liabilities | UK£3.36b |
| Total assets | UK£6.93b |
Recent financial health updates
Is Melrose Industries (LON:MRO) A Risky Investment?
May 21
These 4 Measures Indicate That Melrose Industries (LON:MRO) Is Using Debt Extensively
Oct 07Health Check: How Prudently Does Melrose Industries (LON:MRO) Use Debt?
Nov 24Is Melrose Industries (LON:MRO) Using Debt In A Risky Way?
Mar 27Melrose Industries (LON:MRO) Has A Pretty Healthy Balance Sheet
Oct 01Recent updates
Is Melrose Industries (LON:MRO) A Risky Investment?
May 21There's Reason For Concern Over Melrose Industries PLC's (LON:MRO) Price
Apr 16Melrose Industries' (LON:MRO) Profits May Not Reveal Underlying Issues
Mar 20Risks To Shareholder Returns Are Elevated At These Prices For Melrose Industries PLC (LON:MRO)
Dec 26These 4 Measures Indicate That Melrose Industries (LON:MRO) Is Using Debt Extensively
Oct 07Melrose Industries (LON:MRO) Is Due To Pay A Dividend Of £0.015
Sep 10Unpleasant Surprises Could Be In Store For Melrose Industries PLC's (LON:MRO) Shares
Jul 20What Is Melrose Industries PLC's (LON:MRO) Share Price Doing?
Feb 24Calculating The Intrinsic Value Of Melrose Industries PLC (LON:MRO)
Jan 11Health Check: How Prudently Does Melrose Industries (LON:MRO) Use Debt?
Nov 24Should You Think About Buying Melrose Industries PLC (LON:MRO) Now?
Nov 02An Intrinsic Calculation For Melrose Industries PLC (LON:MRO) Suggests It's 37% Undervalued
Sep 10Melrose Industries' (LON:MRO) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 03Is Melrose Industries (LON:MRO) Using Debt In A Risky Way?
Mar 27Melrose Industries (LON:MRO) Will Pay A Larger Dividend Than Last Year At UK£0.01
Mar 06A Look At The Fair Value Of Melrose Industries PLC (LON:MRO)
Jan 28Is Now The Time To Look At Buying Melrose Industries PLC (LON:MRO)?
Dec 19Is There An Opportunity With Melrose Industries PLC's (LON:MRO) 34% Undervaluation?
Oct 27Melrose Industries (LON:MRO) Has A Pretty Healthy Balance Sheet
Oct 01Is It Time To Consider Buying Melrose Industries PLC (LON:MRO)?
Sep 04Calculating The Intrinsic Value Of Melrose Industries PLC (LON:MRO)
Jun 18Financial Position Analysis
Short Term Liabilities: MRO's short term assets (£1.3B) do not cover its short term liabilities (£1.5B).
Long Term Liabilities: MRO's short term assets (£1.3B) do not cover its long term liabilities (£1.8B).
Debt to Equity History and Analysis
Debt Level: MRO's net debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: MRO's debt to equity ratio has reduced from 45.6% to 17.7% over the past 5 years.
Debt Coverage: MRO's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: MRO's interest payments on its debt are not well covered by EBIT (1x coverage).