MHP Balance Sheet Health
Financial Health criteria checks 4/6
MHP has a total shareholder equity of $1.5B and total debt of $1.5B, which brings its debt-to-equity ratio to 98.8%. Its total assets and total liabilities are $3.8B and $2.2B respectively. MHP's EBIT is $376.1M making its interest coverage ratio 3.3. It has cash and short-term investments of $294.0M.
Key information
98.8%
Debt to equity ratio
US$1.52b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$294.00m |
| Equity | US$1.53b |
| Total liabilities | US$2.24b |
| Total assets | US$3.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPQ's short term assets ($1.5B) exceed its short term liabilities ($548.0M).
Long Term Liabilities: MPQ's short term assets ($1.5B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: MPQ's net debt to equity ratio (79.7%) is considered high.
Reducing Debt: MPQ's debt to equity ratio has reduced from 119.7% to 98.8% over the past 5 years.
Debt Coverage: MPQ's debt is well covered by operating cash flow (20.3%).
Interest Coverage: MPQ's interest payments on its debt are well covered by EBIT (3.3x coverage).