MARR Balance Sheet Health
Financial Health criteria checks 4/6
MARR has a total shareholder equity of €326.2M and total debt of €402.1M, which brings its debt-to-equity ratio to 123.3%. Its total assets and total liabilities are €1.3B and €982.2M respectively. MARR's EBIT is €83.2M making its interest coverage ratio 4.3. It has cash and short-term investments of €234.0M.
Key information
123.3%
Debt to equity ratio
€402.11m
Debt
| Interest coverage ratio | 4.3x |
| Cash | €233.96m |
| Equity | €326.24m |
| Total liabilities | €982.19m |
| Total assets | €1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MARRM's short term assets (€931.1M) exceed its short term liabilities (€631.6M).
Long Term Liabilities: MARRM's short term assets (€931.1M) exceed its long term liabilities (€350.6M).
Debt to Equity History and Analysis
Debt Level: MARRM's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: MARRM's debt to equity ratio has increased from 120.6% to 123.3% over the past 5 years.
Debt Coverage: MARRM's debt is well covered by operating cash flow (23.2%).
Interest Coverage: MARRM's interest payments on its debt are well covered by EBIT (4.3x coverage).