Monroe Capital Balance Sheet Health
Financial Health criteria checks 2/6
Monroe Capital has a total shareholder equity of $199.3M and total debt of $305.2M, which brings its debt-to-equity ratio to 153.1%. Its total assets and total liabilities are $512.1M and $312.8M respectively. Monroe Capital's EBIT is $46.1M making its interest coverage ratio 2. It has cash and short-term investments of $3.9M.
Key information
153.1%
Debt to equity ratio
US$305.22m
Debt
| Interest coverage ratio | 2x |
| Cash | US$3.88m |
| Equity | US$199.34m |
| Total liabilities | US$312.77m |
| Total assets | US$512.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6JT's short term assets ($25.5M) exceed its short term liabilities ($7.6M).
Long Term Liabilities: 6JT's short term assets ($25.5M) do not cover its long term liabilities ($305.2M).
Debt to Equity History and Analysis
Debt Level: 6JT's net debt to equity ratio (151.2%) is considered high.
Reducing Debt: 6JT's debt to equity ratio has reduced from 157.8% to 153.1% over the past 5 years.
Debt Coverage: 6JT's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: 6JT's interest payments on its debt are not well covered by EBIT (2x coverage).