Matthews International Balance Sheet Health
Financial Health criteria checks 1/6
Matthews International has a total shareholder equity of $508.8M and total debt of $849.7M, which brings its debt-to-equity ratio to 167%. Its total assets and total liabilities are $1.9B and $1.4B respectively. Matthews International's EBIT is $93.9M making its interest coverage ratio 2. It has cash and short-term investments of $38.1M.
Key information
167.0%
Debt to equity ratio
US$849.72m
Debt
Interest coverage ratio | 2x |
Cash | US$38.05m |
Equity | US$508.81m |
Total liabilities | US$1.39b |
Total assets | US$1.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MW1A's short term assets ($658.1M) exceed its short term liabilities ($349.2M).
Long Term Liabilities: MW1A's short term assets ($658.1M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: MW1A's net debt to equity ratio (159.5%) is considered high.
Reducing Debt: MW1A's debt to equity ratio has increased from 115.8% to 167% over the past 5 years.
Debt Coverage: MW1A's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: MW1A's interest payments on its debt are not well covered by EBIT (2x coverage).