MRC Global Balance Sheet Health
Financial Health criteria checks 6/6
MRC Global has a total shareholder equity of $912.0M and total debt of $85.0M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are $1.8B and $844.0M respectively. MRC Global's EBIT is $150.0M making its interest coverage ratio 6. It has cash and short-term investments of $62.0M.
Key information
9.3%
Debt to equity ratio
US$85.00m
Debt
| Interest coverage ratio | 6x |
| Cash | US$62.00m |
| Equity | US$912.00m |
| Total liabilities | US$844.00m |
| Total assets | US$1.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 37M's short term assets ($1.0B) exceed its short term liabilities ($524.0M).
Long Term Liabilities: 37M's short term assets ($1.0B) exceed its long term liabilities ($320.0M).
Debt to Equity History and Analysis
Debt Level: 37M's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: 37M's debt to equity ratio has reduced from 61.1% to 9.3% over the past 5 years.
Debt Coverage: 37M's debt is well covered by operating cash flow (336.5%).
Interest Coverage: 37M's interest payments on its debt are well covered by EBIT (6x coverage).