Martin Marietta Materials Balance Sheet Health
Financial Health criteria checks 5/6
Martin Marietta Materials has a total shareholder equity of $8.0B and total debt of $4.3B, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are $15.1B and $7.1B respectively. Martin Marietta Materials's EBIT is $1.6B making its interest coverage ratio 13.5. It has cash and short-term investments of $1.3B.
Key information
54.1%
Debt to equity ratio
US$4.35b
Debt
Interest coverage ratio | 13.5x |
Cash | US$1.27b |
Equity | US$8.04b |
Total liabilities | US$7.09b |
Total assets | US$15.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JZ0's short term assets ($3.9B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: 0JZ0's short term assets ($3.9B) do not cover its long term liabilities ($5.9B).
Debt to Equity History and Analysis
Debt Level: 0JZ0's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: 0JZ0's debt to equity ratio has reduced from 63% to 54.1% over the past 5 years.
Debt Coverage: 0JZ0's debt is well covered by operating cash flow (35.2%).
Interest Coverage: 0JZ0's interest payments on its debt are well covered by EBIT (13.5x coverage).