Mount Logan Capital Balance Sheet Health
Financial Health criteria checks 3/6
Mount Logan Capital has a total shareholder equity of $65.0M and total debt of $81.0M, which brings its debt-to-equity ratio to 124.7%. Its total assets and total liabilities are $1.7B and $1.6B respectively.
Key information
124.7%
Debt to equity ratio
US$80.97m
Debt
Interest coverage ratio | n/a |
Cash | US$67.85m |
Equity | US$64.95m |
Total liabilities | US$1.63b |
Total assets | US$1.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLC's short term assets ($80.1M) exceed its short term liabilities ($19.1M).
Long Term Liabilities: MLC's short term assets ($80.1M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: MLC's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: MLC's debt to equity ratio has increased from 63.8% to 124.7% over the past 5 years.
Debt Coverage: MLC's debt is well covered by operating cash flow (134.4%).
Interest Coverage: Insufficient data to determine if MLC's interest payments on its debt are well covered by EBIT.