MARA Holdings Balance Sheet Health

Financial Health criteria checks 4/6

MARA Holdings has a total shareholder equity of $2.6B and total debt of $326.5M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are $3.1B and $474.5M respectively. MARA Holdings's EBIT is $68.7M making its interest coverage ratio -25.3. It has cash and short-term investments of $256.0M.

Key information

12.4%

Debt to equity ratio

US$326.51m

Debt

Interest coverage ratio-25.3x
CashUS$256.03m
EquityUS$2.64b
Total liabilitiesUS$474.50m
Total assetsUS$3.12b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MARA's short term assets ($371.9M) exceed its short term liabilities ($99.2M).

Long Term Liabilities: MARA's short term assets ($371.9M) do not cover its long term liabilities ($375.3M).


Debt to Equity History and Analysis

Debt Level: MARA's net debt to equity ratio (2.7%) is considered satisfactory.

Reducing Debt: MARA's debt to equity ratio has reduced from 58% to 12.4% over the past 5 years.

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

Interest Coverage: MARA earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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