MMG Balance Sheet Health
Financial Health criteria checks 2/6
MMG has a total shareholder equity of $4.9B and total debt of $6.6B, which brings its debt-to-equity ratio to 136%. Its total assets and total liabilities are $15.3B and $10.4B respectively. MMG's EBIT is $634.0M making its interest coverage ratio 2.1. It has cash and short-term investments of $621.0M.
Key information
136.0%
Debt to equity ratio
US$6.60b
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$621.00m |
| Equity | US$4.85b |
| Total liabilities | US$10.44b |
| Total assets | US$15.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OMS1's short term assets ($1.7B) do not cover its short term liabilities ($2.2B).
Long Term Liabilities: OMS1's short term assets ($1.7B) do not cover its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: OMS1's net debt to equity ratio (123.2%) is considered high.
Reducing Debt: OMS1's debt to equity ratio has reduced from 281.2% to 136% over the past 5 years.
Debt Coverage: OMS1's debt is well covered by operating cash flow (29.4%).
Interest Coverage: OMS1's interest payments on its debt are not well covered by EBIT (2.1x coverage).