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 €844.4M, which brings its debt-to-equity ratio to 81.5%. Its total assets and total liabilities are €2.6B and €1.5B respectively. Marel hf's EBIT is €86.7M making its interest coverage ratio 1.6. It has cash and short-term investments of €62.7M.
Key information
81.5%
Debt to equity ratio
€844.40m
Debt
| Interest coverage ratio | 1.6x |
| Cash | €62.70m |
| Equity | €1.04b |
| Total liabilities | €1.53b |
| Total assets | €2.56b |
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 10Financial Position Analysis
Short Term Liabilities: MAREL's short term assets (€764.5M) exceed its short term liabilities (€561.5M).
Long Term Liabilities: MAREL's short term assets (€764.5M) do not cover its long term liabilities (€964.8M).
Debt to Equity History and Analysis
Debt Level: MAREL's net debt to equity ratio (75.4%) is considered high.
Reducing Debt: MAREL's debt to equity ratio has increased from 39.3% to 81.5% over the past 5 years.
Debt Coverage: MAREL's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: MAREL's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Marel hf. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Jan Vos | ABN AMRO Bank N.V. |
| Eric Wilmer | ABN AMRO Bank N.V. |
| Beatrice Allen | Berenberg |