Marsh & McLennan Companies Balance Sheet Health
Financial Health criteria checks 5/6
Marsh & McLennan Companies has a total shareholder equity of $12.6B and total debt of $13.5B, which brings its debt-to-equity ratio to 106.7%. Its total assets and total liabilities are $47.6B and $35.0B respectively. Marsh & McLennan Companies's EBIT is $6.1B making its interest coverage ratio 12.4. It has cash and short-term investments of $1.5B.
Key information
106.7%
Debt to equity ratio
US$13.47b
Debt
Interest coverage ratio | 12.4x |
Cash | US$1.45b |
Equity | US$12.62b |
Total liabilities | US$34.95b |
Total assets | US$47.57b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMC's short term assets ($21.3B) exceed its short term liabilities ($18.7B).
Long Term Liabilities: MMC's short term assets ($21.3B) exceed its long term liabilities ($16.3B).
Debt to Equity History and Analysis
Debt Level: MMC's net debt to equity ratio (95.2%) is considered high.
Reducing Debt: MMC's debt to equity ratio has reduced from 163.2% to 106.7% over the past 5 years.
Debt Coverage: MMC's debt is well covered by operating cash flow (31.9%).
Interest Coverage: MMC's interest payments on its debt are well covered by EBIT (12.4x coverage).