Mewah International Balance Sheet Health
Financial Health criteria checks 6/6
Mewah International has a total shareholder equity of $786.5M and total debt of $390.1M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are $1.5B and $703.1M respectively. Mewah International's EBIT is $100.1M making its interest coverage ratio 4.2. It has cash and short-term investments of $167.7M.
Key information
49.6%
Debt to equity ratio
US$390.13m
Debt
Interest coverage ratio | 4.2x |
Cash | US$167.73m |
Equity | US$786.49m |
Total liabilities | US$703.10m |
Total assets | US$1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MWX's short term assets ($998.1M) exceed its short term liabilities ($557.9M).
Long Term Liabilities: MWX's short term assets ($998.1M) exceed its long term liabilities ($145.2M).
Debt to Equity History and Analysis
Debt Level: MWX's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: MWX's debt to equity ratio has reduced from 86.7% to 49.6% over the past 5 years.
Debt Coverage: MWX's debt is well covered by operating cash flow (67.1%).
Interest Coverage: MWX's interest payments on its debt are well covered by EBIT (4.2x coverage).