Mueller Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mueller Industries has a total shareholder equity of $2.7B and total debt of $946.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are $3.2B and $497.5M respectively. Mueller Industries's EBIT is $731.7M making its interest coverage ratio -13.2. It has cash and short-term investments of $969.6M.
Key information
0.03%
Debt to equity ratio
US$946.00k
Debt
| Interest coverage ratio | -13.2x |
| Cash | US$969.57m |
| Equity | US$2.71b |
| Total liabilities | US$497.50m |
| Total assets | US$3.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MUD's short term assets ($1.9B) exceed its short term liabilities ($394.0M).
Long Term Liabilities: MUD's short term assets ($1.9B) exceed its long term liabilities ($103.5M).
Debt to Equity History and Analysis
Debt Level: MUD has more cash than its total debt.
Reducing Debt: MUD's debt to equity ratio has reduced from 70.7% to 0.03% over the past 5 years.
Debt Coverage: MUD's debt is well covered by operating cash flow (71888.3%).
Interest Coverage: MUD earns more interest than it pays, so coverage of interest payments is not a concern.