Mosaic Balance Sheet Health
Financial Health criteria checks 5/6
Mosaic has a total shareholder equity of $12.0B and total debt of $4.1B, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are $23.3B and $11.3B respectively. Mosaic's EBIT is $800.1M making its interest coverage ratio 4.7. It has cash and short-term investments of $301.6M.
Key information
34.0%
Debt to equity ratio
US$4.06b
Debt
| Interest coverage ratio | 4.7x |
| Cash | US$301.60m |
| Equity | US$11.96b |
| Total liabilities | US$11.33b |
| Total assets | US$23.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 02M's short term assets ($5.0B) exceed its short term liabilities ($4.2B).
Long Term Liabilities: 02M's short term assets ($5.0B) do not cover its long term liabilities ($7.2B).
Debt to Equity History and Analysis
Debt Level: 02M's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: 02M's debt to equity ratio has reduced from 41.9% to 34% over the past 5 years.
Debt Coverage: 02M's debt is well covered by operating cash flow (39.8%).
Interest Coverage: 02M's interest payments on its debt are well covered by EBIT (4.7x coverage).