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 $592.8M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are $3.3B and $974.6M respectively. Merdeka Battery Materials's EBIT is $95.7M making its interest coverage ratio -41.4. It has cash and short-term investments of $247.2M.
Key information
25.5%
Debt to equity ratio
US$592.83m
Debt
| Interest coverage ratio | -41.4x |
| Cash | US$247.16m |
| Equity | US$2.32b |
| Total liabilities | US$974.57m |
| Total assets | US$3.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBMA's short term assets ($789.9M) exceed its short term liabilities ($328.2M).
Long Term Liabilities: MBMA's short term assets ($789.9M) exceed its long term liabilities ($646.4M).
Debt to Equity History and Analysis
Debt Level: MBMA's net debt to equity ratio (14.9%) 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 debt is not well covered by operating cash flow (11.2%).
Interest Coverage: MBMA earns more interest than it pays, so coverage of interest payments is not a concern.