Mosaic Balance Sheet Health
Financial Health criteria checks 5/6
Mosaic has a total shareholder equity of $12.4B and total debt of $4.0B, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are $23.0B and $10.6B respectively. Mosaic's EBIT is $1.3B making its interest coverage ratio 9.9. It has cash and short-term investments of $348.8M.
Key information
32.0%
Debt to equity ratio
US$3.98b
Debt
Interest coverage ratio | 9.9x |
Cash | US$348.80m |
Equity | US$12.43b |
Total liabilities | US$10.60b |
Total assets | US$23.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 02M's short term assets ($4.7B) exceed its short term liabilities ($3.9B).
Long Term Liabilities: 02M's short term assets ($4.7B) do not cover its long term liabilities ($6.7B).
Debt to Equity History and Analysis
Debt Level: 02M's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: 02M's debt to equity ratio has reduced from 39.9% to 32% over the past 5 years.
Debt Coverage: 02M's debt is well covered by operating cash flow (60.5%).
Interest Coverage: 02M's interest payments on its debt are well covered by EBIT (9.9x coverage).