Melrose Industries Balance Sheet Health
Financial Health criteria checks 3/6
Melrose Industries has a total shareholder equity of £3.1B and total debt of £1.2B, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are £7.1B and £4.1B respectively. Melrose Industries's EBIT is £12.0M making its interest coverage ratio 0.2. It has cash and short-term investments of £189.0M.
Key information
38.1%
Debt to equity ratio
UK£1.17b
Debt
| Interest coverage ratio | 0.2x |
| Cash | UK£189.00m |
| Equity | UK£3.06b |
| Total liabilities | UK£4.07b |
| Total assets | UK£7.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MROL's short term assets (£1.5B) do not cover its short term liabilities (£1.7B).
Long Term Liabilities: MROL's short term assets (£1.5B) do not cover its long term liabilities (£2.4B).
Debt to Equity History and Analysis
Debt Level: MROL's net debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: MROL's debt to equity ratio has reduced from 50.4% to 38.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MROL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MROL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.