Main Street Capital Balance Sheet Health
Financial Health criteria checks 1/6
Main Street Capital has a total shareholder equity of $2.5B and total debt of $1.8B, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are $4.4B and $2.0B respectively. Main Street Capital's EBIT is $441.6M making its interest coverage ratio 4.3. It has cash and short-term investments of $60.1M.
Key information
72.8%
Debt to equity ratio
US$1.80b
Debt
Interest coverage ratio | 4.3x |
Cash | US$60.08m |
Equity | US$2.48b |
Total liabilities | US$1.97b |
Total assets | US$4.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 13M's short term assets ($149.4M) do not cover its short term liabilities ($152.7M).
Long Term Liabilities: 13M's short term assets ($149.4M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: 13M's net debt to equity ratio (70.3%) is considered high.
Reducing Debt: 13M's debt to equity ratio has increased from 67.5% to 72.8% over the past 5 years.
Debt Coverage: 13M's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: 13M's interest payments on its debt are well covered by EBIT (4.3x coverage).