Marcus Balance Sheet Health
Financial Health criteria checks 3/6
Marcus has a total shareholder equity of $459.3M and total debt of $169.8M, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are $1.0B and $558.8M respectively. Marcus's EBIT is $25.2M making its interest coverage ratio 2.7. It has cash and short-term investments of $24.1M.
Key information
37.0%
Debt to equity ratio
US$169.78m
Debt
Interest coverage ratio | 2.7x |
Cash | US$24.08m |
Equity | US$459.32m |
Total liabilities | US$558.82m |
Total assets | US$1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3L1's short term assets ($61.5M) do not cover its short term liabilities ($141.9M).
Long Term Liabilities: 3L1's short term assets ($61.5M) do not cover its long term liabilities ($416.9M).
Debt to Equity History and Analysis
Debt Level: 3L1's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: 3L1's debt to equity ratio has reduced from 45.9% to 37% over the past 5 years.
Debt Coverage: 3L1's debt is well covered by operating cash flow (56.1%).
Interest Coverage: 3L1's interest payments on its debt are not well covered by EBIT (2.7x coverage).