Marel hf Balance Sheet Health
Financial Health criteria checks 2/6
Marel hf has a total shareholder equity of €1.0B and total debt of €823.2M, which brings its debt-to-equity ratio to 79%. Its total assets and total liabilities are €2.6B and €1.6B respectively. Marel hf's EBIT is €93.6M making its interest coverage ratio 1.9. It has cash and short-term investments of €69.9M.
Key information
79.0%
Debt to equity ratio
€823.20m
Debt
Interest coverage ratio | 1.9x |
Cash | €69.90m |
Equity | €1.04b |
Total liabilities | €1.56b |
Total assets | €2.60b |
Recent financial health updates
Marel hf (ICE:MAREL) Has A Somewhat Strained Balance Sheet
Sep 02Marel 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 18Here's What's Concerning About Marel hf's (ICE:MAREL) Returns On Capital
Mar 25Marel hf (ICE:MAREL) Has Gifted Shareholders With A Fantastic 284% Total Return On Their Investment
Mar 01Financial Position Analysis
Short Term Liabilities: MAREL's short term assets (€768.2M) exceed its short term liabilities (€612.1M).
Long Term Liabilities: MAREL's short term assets (€768.2M) do not cover its long term liabilities (€946.1M).
Debt to Equity History and Analysis
Debt Level: MAREL's net debt to equity ratio (72.3%) is considered high.
Reducing Debt: MAREL's debt to equity ratio has reduced from 81.2% to 79% over the past 5 years.
Debt Coverage: MAREL's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: MAREL's interest payments on its debt are not well covered by EBIT (1.9x coverage).