Manitowoc Company Balance Sheet Health
Financial Health criteria checks 2/6
Manitowoc Company has a total shareholder equity of $607.6M and total debt of $467.2M, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are $1.8B and $1.2B respectively. Manitowoc Company's EBIT is $63.7M making its interest coverage ratio 1.7. It has cash and short-term investments of $22.9M.
Key information
76.9%
Debt to equity ratio
US$467.20m
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$22.90m |
| Equity | US$607.60m |
| Total liabilities | US$1.17b |
| Total assets | US$1.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNGN's short term assets ($1.1B) exceed its short term liabilities ($561.1M).
Long Term Liabilities: MNGN's short term assets ($1.1B) exceed its long term liabilities ($608.0M).
Debt to Equity History and Analysis
Debt Level: MNGN's net debt to equity ratio (73.1%) is considered high.
Reducing Debt: MNGN's debt to equity ratio has increased from 50.1% to 76.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MNGN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MNGN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.