Malibu Boats Balance Sheet Health
Financial Health criteria checks 6/6
Malibu Boats has a total shareholder equity of $628.7M and total debt of $35.0M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are $880.0M and $251.3M respectively. Malibu Boats's EBIT is $196.9M making its interest coverage ratio 84.8. It has cash and short-term investments of $55.7M.
Key information
5.6%
Debt to equity ratio
US$35.00m
Debt
Interest coverage ratio | 84.8x |
Cash | US$55.72m |
Equity | US$628.66m |
Total liabilities | US$251.33m |
Total assets | US$880.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M05's short term assets ($252.9M) exceed its short term liabilities ($138.9M).
Long Term Liabilities: M05's short term assets ($252.9M) exceed its long term liabilities ($112.5M).
Debt to Equity History and Analysis
Debt Level: M05 has more cash than its total debt.
Reducing Debt: M05's debt to equity ratio has reduced from 85.9% to 5.6% over the past 5 years.
Debt Coverage: M05's debt is well covered by operating cash flow (427.5%).
Interest Coverage: M05's interest payments on its debt are well covered by EBIT (84.8x coverage).