Movado Group Balance Sheet Health
Financial Health criteria checks 6/6
Movado Group has a total shareholder equity of $519.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $769.1M and $250.1M respectively. Movado Group's EBIT is $54.8M making its interest coverage ratio -9.3. It has cash and short-term investments of $262.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -9.3x |
Cash | US$262.46m |
Equity | US$518.96m |
Total liabilities | US$250.13m |
Total assets | US$769.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MV4's short term assets ($543.9M) exceed its short term liabilities ($113.1M).
Long Term Liabilities: MV4's short term assets ($543.9M) exceed its long term liabilities ($137.1M).
Debt to Equity History and Analysis
Debt Level: MV4 is debt free.
Reducing Debt: MV4 has no debt compared to 5 years ago when its debt to equity ratio was 10%.
Debt Coverage: MV4 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MV4 has no debt, therefore coverage of interest payments is not a concern.