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
Melrose Industries (LON:MRO) Has A Somewhat Strained Balance Sheet
Sep 10
Is Melrose Industries (LON:MRO) A Risky Investment?
May 21Recent updates
Investor Optimism Abounds Melrose Industries PLC (LON:MRO) But Growth Is Lacking
Nov 21Melrose Industries (LON:MRO) Has A Somewhat Strained Balance Sheet
Sep 10Investors Still Waiting For A Pull Back In Melrose Industries PLC (LON:MRO)
Aug 04Is Melrose Industries (LON:MRO) A Risky Investment?
May 21There's Reason For Concern Over Melrose Industries PLC's (LON:MRO) Price
Apr 16Melrose Industries' (LON:MRO) Profits May Not Reveal Underlying Issues
Mar 20Risks To Shareholder Returns Are Elevated At These Prices For Melrose Industries PLC (LON:MRO)
Dec 26Financial Position Analysis
Short Term Liabilities: MRO's short term assets (£1.5B) do not cover its short term liabilities (£1.7B).
Long Term Liabilities: MRO's short term assets (£1.5B) do not cover its long term liabilities (£2.4B).
Debt to Equity History and Analysis
Debt Level: MRO's net debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: MRO'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: MRO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MRO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 20:02 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Melrose Industries PLC is covered by 28 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Larkam | Arden Partners Plc. |
| Jonathan Hurn | Barclays |
| Richard Paige | Barclays |