MasterCraft Boat Holdings Balance Sheet Health
Financial Health criteria checks 6/6
MasterCraft Boat Holdings has a total shareholder equity of $193.3M and total debt of $51.4M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are $331.8M and $138.5M respectively. MasterCraft Boat Holdings's EBIT is $73.8M making its interest coverage ratio -34.1. It has cash and short-term investments of $108.8M.
Key information
26.6%
Debt to equity ratio
US$51.44m
Debt
Interest coverage ratio | -34.1x |
Cash | US$108.78m |
Equity | US$193.33m |
Total liabilities | US$138.46m |
Total assets | US$331.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1SG's short term assets ($170.3M) exceed its short term liabilities ($80.6M).
Long Term Liabilities: 1SG's short term assets ($170.3M) exceed its long term liabilities ($57.9M).
Debt to Equity History and Analysis
Debt Level: 1SG has more cash than its total debt.
Reducing Debt: 1SG's debt to equity ratio has reduced from 211.9% to 26.6% over the past 5 years.
Debt Coverage: 1SG's debt is well covered by operating cash flow (145.8%).
Interest Coverage: 1SG earns more interest than it pays, so coverage of interest payments is not a concern.