MARA Holdings Balance Sheet Health

Financial Health criteria checks 3/6

MARA Holdings has a total shareholder equity of $2.9B and total debt of $618.7M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are $3.6B and $724.6M respectively.

Key information

21.7%

Debt to equity ratio

US$618.68m

Debt

Interest coverage ration/a
CashUS$164.26m
EquityUS$2.86b
Total liabilitiesUS$724.56m
Total assetsUS$3.58b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MARA's short term assets ($239.4M) exceed its short term liabilities ($59.8M).

Long Term Liabilities: MARA's short term assets ($239.4M) do not cover its long term liabilities ($664.8M).


Debt to Equity History and Analysis

Debt Level: MARA's net debt to equity ratio (15.9%) is considered satisfactory.

Reducing Debt: MARA's debt to equity ratio has reduced from 28.6% to 21.7% over the past 5 years.

Debt Coverage: MARA's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if MARA's interest payments on its debt are well covered by EBIT.


Balance Sheet


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