Merdeka Battery Materials Balance Sheet Health
Financial Health criteria checks 4/6
Merdeka Battery Materials has a total shareholder equity of $2.3B and total debt of $486.2M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are $3.3B and $953.6M respectively. Merdeka Battery Materials's EBIT is $47.2M making its interest coverage ratio 3.6. It has cash and short-term investments of $290.2M.
Key information
21.1%
Debt to equity ratio
US$486.17m
Debt
Interest coverage ratio | 3.6x |
Cash | US$290.21m |
Equity | US$2.31b |
Total liabilities | US$953.59m |
Total assets | US$3.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBMA's short term assets ($783.9M) exceed its short term liabilities ($358.2M).
Long Term Liabilities: MBMA's short term assets ($783.9M) exceed its long term liabilities ($595.4M).
Debt to Equity History and Analysis
Debt Level: MBMA's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MBMA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MBMA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MBMA's interest payments on its debt are well covered by EBIT (3.6x coverage).