Marlowe Balance Sheet Health
Financial Health criteria checks 3/6
Marlowe has a total shareholder equity of £438.3M and total debt of £229.0M, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are £893.2M and £454.9M respectively. Marlowe's EBIT is £40.3M making its interest coverage ratio 2.7. It has cash and short-term investments of £36.3M.
Key information
52.2%
Debt to equity ratio
UK£229.00m
Debt
Interest coverage ratio | 2.7x |
Cash | UK£36.30m |
Equity | UK£438.30m |
Total liabilities | UK£454.90m |
Total assets | UK£893.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9MV's short term assets (£180.5M) exceed its short term liabilities (£140.4M).
Long Term Liabilities: 9MV's short term assets (£180.5M) do not cover its long term liabilities (£314.5M).
Debt to Equity History and Analysis
Debt Level: 9MV's net debt to equity ratio (44%) is considered high.
Reducing Debt: 9MV's debt to equity ratio has increased from 16.4% to 52.2% 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: Whilst unprofitable 9MV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 9MV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.5% per year.