Mueller Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mueller Industries has a total shareholder equity of $2.4B and total debt of $835.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are $2.9B and $445.9M respectively. Mueller Industries's EBIT is $693.5M making its interest coverage ratio -14.4. It has cash and short-term investments of $1.4B.
Key information
0.03%
Debt to equity ratio
US$835.00k
Debt
Interest coverage ratio | -14.4x |
Cash | US$1.36b |
Equity | US$2.45b |
Total liabilities | US$445.87m |
Total assets | US$2.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MUD's short term assets ($2.2B) exceed its short term liabilities ($361.3M).
Long Term Liabilities: MUD's short term assets ($2.2B) exceed its long term liabilities ($84.6M).
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 97.1% to 0.03% over the past 5 years.
Debt Coverage: MUD's debt is well covered by operating cash flow (87996.8%).
Interest Coverage: MUD earns more interest than it pays, so coverage of interest payments is not a concern.