MARR Balance Sheet Health
Financial Health criteria checks 4/6
MARR has a total shareholder equity of €332.2M and total debt of €378.1M, which brings its debt-to-equity ratio to 113.8%. Its total assets and total liabilities are €1.3B and €958.8M respectively. MARR's EBIT is €58.8M making its interest coverage ratio 4.4. It has cash and short-term investments of €195.3M.
Key information
113.8%
Debt to equity ratio
€378.07m
Debt
Interest coverage ratio | 4.4x |
Cash | €195.27m |
Equity | €332.23m |
Total liabilities | €958.80m |
Total assets | €1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MARRM's short term assets (€920.3M) exceed its short term liabilities (€633.3M).
Long Term Liabilities: MARRM's short term assets (€920.3M) exceed its long term liabilities (€325.5M).
Debt to Equity History and Analysis
Debt Level: MARRM's net debt to equity ratio (55%) is considered high.
Reducing Debt: MARRM's debt to equity ratio has reduced from 118.8% to 113.8% over the past 5 years.
Debt Coverage: MARRM's debt is not well covered by operating cash flow (10%).
Interest Coverage: MARRM's interest payments on its debt are well covered by EBIT (4.4x coverage).