MRC Global Balance Sheet Health
Financial Health criteria checks 6/6
MRC Global has a total shareholder equity of $850.0M and total debt of $295.0M, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are $1.9B and $1.1B respectively. MRC Global's EBIT is $168.0M making its interest coverage ratio 5.1. It has cash and short-term investments of $146.0M.
Key information
34.7%
Debt to equity ratio
US$295.00m
Debt
Interest coverage ratio | 5.1x |
Cash | US$146.00m |
Equity | US$850.00m |
Total liabilities | US$1.07b |
Total assets | US$1.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 37M's short term assets ($1.2B) exceed its short term liabilities ($814.0M).
Long Term Liabilities: 37M's short term assets ($1.2B) exceed its long term liabilities ($256.0M).
Debt to Equity History and Analysis
Debt Level: 37M's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: 37M's debt to equity ratio has reduced from 72.2% to 34.7% over the past 5 years.
Debt Coverage: 37M's debt is well covered by operating cash flow (84.4%).
Interest Coverage: 37M's interest payments on its debt are well covered by EBIT (5.1x coverage).