Main Street Capital Balance Sheet Health
Financial Health criteria checks 2/6
Main Street Capital has a total shareholder equity of $2.7B and total debt of $2.2B, which brings its debt-to-equity ratio to 81.7%. Its total assets and total liabilities are $5.1B and $2.4B respectively. Main Street Capital's EBIT is $468.7M making its interest coverage ratio 4.1. It has cash and short-term investments of $84.4M.
Key information
81.7%
Debt to equity ratio
US$2.20b
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$84.42m |
| Equity | US$2.69b |
| Total liabilities | US$2.40b |
| Total assets | US$5.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 13M's short term assets ($170.8M) exceed its short term liabilities ($100.6M).
Long Term Liabilities: 13M's short term assets ($170.8M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: 13M's net debt to equity ratio (78.6%) is considered high.
Reducing Debt: 13M's debt to equity ratio has increased from 69.2% to 81.7% over the past 5 years.
Debt Coverage: 13M's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 13M's interest payments on its debt are well covered by EBIT (4.1x coverage).