Marel hf Balance Sheet Health
Financial Health criteria checks 2/6
Marel hf has a total shareholder equity of €1.0B and total debt of €823.2M, which brings its debt-to-equity ratio to 79%. Its total assets and total liabilities are €2.6B and €1.6B respectively. Marel hf's EBIT is €93.6M making its interest coverage ratio 1.9. It has cash and short-term investments of €69.9M.
Key information
79.0%
Debt to equity ratio
€823.20m
Debt
| Interest coverage ratio | 1.9x |
| Cash | €69.90m |
| Equity | €1.04b |
| Total liabilities | €1.56b |
| Total assets | €2.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MDB's short term assets (€768.2M) exceed its short term liabilities (€612.1M).
Long Term Liabilities: 0MDB's short term assets (€768.2M) do not cover its long term liabilities (€946.1M).
Debt to Equity History and Analysis
Debt Level: 0MDB's net debt to equity ratio (72.3%) is considered high.
Reducing Debt: 0MDB's debt to equity ratio has reduced from 81.2% to 79% over the past 5 years.
Debt Coverage: 0MDB's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: 0MDB's interest payments on its debt are not well covered by EBIT (1.9x coverage).