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 21These 4 Measures Indicate That Melrose Industries (LON:MRO) Is Using Debt Extensively
Oct 07Health Check: How Prudently Does Melrose Industries (LON:MRO) Use Debt?
Nov 24Is Melrose Industries (LON:MRO) Using Debt In A Risky Way?
Mar 27Recent 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 26These 4 Measures Indicate That Melrose Industries (LON:MRO) Is Using Debt Extensively
Oct 07Melrose Industries (LON:MRO) Is Due To Pay A Dividend Of £0.015
Sep 10Unpleasant Surprises Could Be In Store For Melrose Industries PLC's (LON:MRO) Shares
Jul 20What Is Melrose Industries PLC's (LON:MRO) Share Price Doing?
Feb 24Calculating The Intrinsic Value Of Melrose Industries PLC (LON:MRO)
Jan 11Health Check: How Prudently Does Melrose Industries (LON:MRO) Use Debt?
Nov 24Should You Think About Buying Melrose Industries PLC (LON:MRO) Now?
Nov 02An Intrinsic Calculation For Melrose Industries PLC (LON:MRO) Suggests It's 37% Undervalued
Sep 10Melrose Industries' (LON:MRO) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 03Is Melrose Industries (LON:MRO) Using Debt In A Risky Way?
Mar 27Melrose Industries (LON:MRO) Will Pay A Larger Dividend Than Last Year At UK£0.01
Mar 06A Look At The Fair Value Of Melrose Industries PLC (LON:MRO)
Jan 28Is Now The Time To Look At Buying Melrose Industries PLC (LON:MRO)?
Dec 19Financial 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.