Melcor Developments Balance Sheet Health
Financial Health criteria checks 5/6
Melcor Developments has a total shareholder equity of CA$1.3B and total debt of CA$501.5M, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are CA$2.0B and CA$698.3M respectively. Melcor Developments's EBIT is CA$156.3M making its interest coverage ratio 8.5. It has cash and short-term investments of CA$56.2M.
Key information
39.23%
Debt to equity ratio
CA$501.55m
Debt
| Interest coverage ratio | 8.5x |
| Cash | CA$56.18m |
| Equity | CA$1.28b |
| Total liabilities | CA$698.26m |
| Total assets | CA$1.98b |
Recent financial health updates
Melcor Developments (TSE:MRD) Takes On Some Risk With Its Use Of Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Melcor Developments (TSE:MRD) Has A Somewhat Strained Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Recent updates
Financial Position Analysis
Short Term Liabilities: MRD's short term assets (CA$1.0B) exceed its short term liabilities (CA$60.4M).
Long Term Liabilities: MRD's short term assets (CA$1.0B) exceed its long term liabilities (CA$637.9M).
Debt to Equity History and Analysis
Debt Level: MRD's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: MRD's debt to equity ratio has reduced from 63.1% to 39.2% over the past 5 years.
Debt Coverage: MRD's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: MRD's interest payments on its debt are well covered by EBIT (8.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/09 18:05 |
| End of Day Share Price | 2026/06/09 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Melcor Developments Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Roberts | Desjardins Securities Inc. |
| Pammi Bir | RBC Capital Markets |