Marel hf Balance Sheet Health
Financial Health criteria checks 1/6
Marel hf has a total shareholder equity of €1.0B and total debt of €844.0M, which brings its debt-to-equity ratio to 80.8%. Its total assets and total liabilities are €2.5B and €1.5B respectively. Marel hf's EBIT is €88.8M making its interest coverage ratio 1.7. It has cash and short-term investments of €29.7M.
Key information
80.8%
Debt to equity ratio
€844.00m
Debt
| Interest coverage ratio | 1.7x |
| Cash | €29.70m |
| Equity | €1.05b |
| Total liabilities | €1.50b |
| Total assets | €2.54b |
Recent financial health updates
Marel hf (ICE:MAREL) Has A Somewhat Strained Balance Sheet
Sep 02
Marel hf (ICE:MAREL) Takes On Some Risk With Its Use Of Debt
May 30Here's Why Marel hf (ICE:MAREL) Has A Meaningful Debt Burden
Feb 25Is Marel hf (ICE:MAREL) A Risky Investment?
Nov 22Marel hf (ICE:MAREL) Seems To Use Debt Quite Sensibly
May 31Marel hf (ICE:MAREL) Seems To Use Debt Quite Sensibly
Mar 01Recent updates
Estimating The Intrinsic Value Of Marel hf. (ICE:MAREL)
Sep 23Marel hf (ICE:MAREL) Has A Somewhat Strained Balance Sheet
Sep 02A Look At The Intrinsic Value Of Marel hf. (ICE:MAREL)
Jun 17Marel hf (ICE:MAREL) Takes On Some Risk With Its Use Of Debt
May 30Estimating The Intrinsic Value Of Marel hf. (ICE:MAREL)
Mar 16This Is Why We Think Marel hf.'s (ICE:MAREL) CEO Might Get A Pay Rise Approved By Shareholders
Mar 16Here's Why Marel hf (ICE:MAREL) Has A Meaningful Debt Burden
Feb 25A Look At The Fair Value Of Marel hf. (ICE:MAREL)
Dec 10Is Marel hf (ICE:MAREL) A Risky Investment?
Nov 22Marel hf.'s (ICE:MAREL) Intrinsic Value Is Potentially 28% Above Its Share Price
Sep 10Marel hf (ICE:MAREL) Seems To Use Debt Quite Sensibly
May 31Is Marel hf. (ICE:MAREL) Expensive For A Reason? A Look At Its Intrinsic Value
Apr 23Shareholders Will Probably Not Have Any Issues With Marel hf.'s (ICE:MAREL) CEO Compensation
Mar 09Marel hf (ICE:MAREL) Seems To Use Debt Quite Sensibly
Mar 01Marel hf (ICE:MAREL) Hasn't Managed To Accelerate Its Returns
Jan 22Estimating The Fair Value Of Marel hf. (ICE:MAREL)
Jan 05We Think Marel hf (ICE:MAREL) Can Stay On Top Of Its Debt
Nov 20Investors Met With Slowing Returns on Capital At Marel hf (ICE:MAREL)
Oct 20Does This Valuation Of Marel hf. (ICE:MAREL) Imply Investors Are Overpaying?
Oct 02Marel hf (ICE:MAREL) Has A Rock Solid Balance Sheet
Aug 10Marel hf (ICE:MAREL) Hasn't Managed To Accelerate Its Returns
Jul 05Marel hf.'s (ICE:MAREL) Intrinsic Value Is Potentially 26% Below Its Share Price
May 04Is Marel hf (ICE:MAREL) Using Too Much Debt?
Apr 18Financial Position Analysis
Short Term Liabilities: MAREL's short term assets (€714.4M) exceed its short term liabilities (€528.2M).
Long Term Liabilities: MAREL's short term assets (€714.4M) do not cover its long term liabilities (€967.5M).
Debt to Equity History and Analysis
Debt Level: MAREL's net debt to equity ratio (77.9%) is considered high.
Reducing Debt: MAREL's debt to equity ratio has increased from 40.3% to 80.8% over the past 5 years.
Debt Coverage: MAREL's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: MAREL's interest payments on its debt are not well covered by EBIT (1.7x coverage).