Martin Marietta Materials Balance Sheet Health
Financial Health criteria checks 5/6
Martin Marietta Materials has a total shareholder equity of $8.9B and total debt of $4.3B, which brings its debt-to-equity ratio to 49%. Its total assets and total liabilities are $16.2B and $7.4B respectively. Martin Marietta Materials's EBIT is $1.5B making its interest coverage ratio 15.1. It has cash and short-term investments of $2.6B.
Key information
49.0%
Debt to equity ratio
US$4.35b
Debt
Interest coverage ratio | 15.1x |
Cash | US$2.65b |
Equity | US$8.88b |
Total liabilities | US$7.36b |
Total assets | US$16.24b |
Recent financial health updates
Here's Why Martin Marietta Materials (NYSE:MLM) Can Manage Its Debt Responsibly
Apr 04We Think Martin Marietta Materials (NYSE:MLM) Can Stay On Top Of Its Debt
Nov 06Does Martin Marietta Materials (NYSE:MLM) Have A Healthy Balance Sheet?
Aug 01Is Martin Marietta Materials (NYSE:MLM) A Risky Investment?
Apr 24These 4 Measures Indicate That Martin Marietta Materials (NYSE:MLM) Is Using Debt Reasonably Well
Jan 16Here's Why Martin Marietta Materials (NYSE:MLM) Can Manage Its Debt Responsibly
Sep 20Recent updates
Martin Marietta Is Now A Much More Attractive Investment
May 30Martin Marietta Materials' (NYSE:MLM) Solid Profits Have Weak Fundamentals
May 08Does Martin Marietta Materials (NYSE:MLM) Deserve A Spot On Your Watchlist?
May 01Some Shareholders Feeling Restless Over Martin Marietta Materials, Inc.'s (NYSE:MLM) P/E Ratio
Apr 17Here's Why Martin Marietta Materials (NYSE:MLM) Can Manage Its Debt Responsibly
Apr 04Is There Now An Opportunity In Martin Marietta Materials, Inc. (NYSE:MLM)?
Mar 21Martin Marietta: An Impressive Investment Case, But Shares Appear Fully Valued
Mar 15Here's What Analysts Are Forecasting For Martin Marietta Materials, Inc. (NYSE:MLM) After Its Annual Results
Feb 27Martin Marietta Materials: Adding More Aggregates, But Issues Linger
Feb 13Here's Why Martin Marietta Materials (NYSE:MLM) Has Caught The Eye Of Investors
Jan 12Risks To Shareholder Returns Are Elevated At These Prices For Martin Marietta Materials, Inc. (NYSE:MLM)
Dec 25Why Martin Marietta Materials, Inc. (NYSE:MLM) Could Be Worth Watching
Dec 07Martin Marietta Materials: Expensive Valuation, Negligible Dividend Yield
Dec 07We Think Martin Marietta Materials (NYSE:MLM) Can Stay On Top Of Its Debt
Nov 06Do Martin Marietta Materials' (NYSE:MLM) Earnings Warrant Your Attention?
Oct 06Time For An Upgrade For Martin Marietta Materials
Sep 22A Look At The Fair Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Sep 21Why Martin Marietta Materials, Inc. (NYSE:MLM) Could Be Worth Watching
Sep 03Does Martin Marietta Materials (NYSE:MLM) Have A Healthy Balance Sheet?
Aug 01Martin Marietta Materials: Not A Buy Despite Good Growth Prospects
Jul 11Does Martin Marietta Materials (NYSE:MLM) Deserve A Spot On Your Watchlist?
Jun 29Is Martin Marietta Materials, Inc. (NYSE:MLM) Worth US$427 Based On Its Intrinsic Value?
Jun 11Is It Too Late To Consider Buying Martin Marietta Materials, Inc. (NYSE:MLM)?
May 25Is Martin Marietta Materials (NYSE:MLM) A Risky Investment?
Apr 24If EPS Growth Is Important To You, Martin Marietta Materials (NYSE:MLM) Presents An Opportunity
Mar 27Estimating The Intrinsic Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Mar 13Martin Marietta Materials: Revenue Growth Hides The Real Picture
Feb 22Martin Marietta Materials reports Q4 earnings; initiates FY23 outlook
Feb 15Why Martin Marietta Materials, Inc. (NYSE:MLM) Could Be Worth Watching
Feb 13Martin Marietta Materials: Valuation Still Remains Expensive For 2023
Feb 09These 4 Measures Indicate That Martin Marietta Materials (NYSE:MLM) Is Using Debt Reasonably Well
Jan 16Here's Why We Think Martin Marietta Materials (NYSE:MLM) Might Deserve Your Attention Today
Dec 18Calculating The Fair Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Dec 04Martin Marietta Materials declares $0.66 dividend
Nov 10Martin Marietta Materials: Still Not The Greatest Opportunity Out There
Oct 28Is Now An Opportune Moment To Examine Martin Marietta Materials, Inc. (NYSE:MLM)?
Oct 26Here's Why Martin Marietta Materials (NYSE:MLM) Can Manage Its Debt Responsibly
Sep 20Is There An Opportunity With Martin Marietta Materials, Inc.'s (NYSE:MLM) 25% Undervaluation?
Sep 02Martin Marietta Materials raises dividend by 8% to $0.66/share
Aug 10Financial Position Analysis
Short Term Liabilities: MLM's short term assets ($4.5B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: MLM's short term assets ($4.5B) do not cover its long term liabilities ($5.9B).
Debt to Equity History and Analysis
Debt Level: MLM's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: MLM's debt to equity ratio has reduced from 63.5% to 49% over the past 5 years.
Debt Coverage: MLM's debt is well covered by operating cash flow (35.4%).
Interest Coverage: MLM's interest payments on its debt are well covered by EBIT (15.1x coverage).