MSA Safety Balance Sheet Health
Financial Health criteria checks 2/6
MSA Safety has a total shareholder equity of $966.8M and total debt of $601.7M, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are $2.2B and $1.2B respectively. MSA Safety's EBIT is $402.6M making its interest coverage ratio 10.4. It has cash and short-term investments of $146.4M.
Key information
62.2%
Debt to equity ratio
US$601.69m
Debt
Interest coverage ratio | 10.4x |
Cash | US$146.44m |
Equity | US$966.80m |
Total liabilities | US$1.20b |
Total assets | US$2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M07's short term assets ($786.3M) exceed its short term liabilities ($332.8M).
Long Term Liabilities: M07's short term assets ($786.3M) do not cover its long term liabilities ($870.5M).
Debt to Equity History and Analysis
Debt Level: M07's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: M07's debt to equity ratio has increased from 56.5% to 62.2% over the past 5 years.
Debt Coverage: M07's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: M07's interest payments on its debt are well covered by EBIT (10.4x coverage).