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 ratio1.7x
Cash€29.70m
Equity€1.05b
Total liabilities€1.50b
Total assets€2.54b

Recent financial health updates

Recent updates

Estimating The Intrinsic Value Of Marel hf. (ICE:MAREL)

Sep 23
Estimating The Intrinsic Value Of Marel hf. (ICE:MAREL)

Marel hf (ICE:MAREL) Has A Somewhat Strained Balance Sheet

Sep 02
Marel hf (ICE:MAREL) Has A Somewhat Strained Balance Sheet

A Look At The Intrinsic Value Of Marel hf. (ICE:MAREL)

Jun 17
A Look At The Intrinsic Value Of Marel hf. (ICE:MAREL)

Marel hf (ICE:MAREL) Takes On Some Risk With Its Use Of Debt

May 30
Marel hf (ICE:MAREL) Takes On Some Risk With Its Use Of Debt

Estimating The Intrinsic Value Of Marel hf. (ICE:MAREL)

Mar 16
Estimating The Intrinsic Value Of Marel hf. (ICE:MAREL)

This Is Why We Think Marel hf.'s (ICE:MAREL) CEO Might Get A Pay Rise Approved By Shareholders

Mar 16
This Is Why We Think Marel hf.'s (ICE:MAREL) CEO Might Get A Pay Rise Approved By Shareholders

Here's Why Marel hf (ICE:MAREL) Has A Meaningful Debt Burden

Feb 25
Here's Why Marel hf (ICE:MAREL) Has A Meaningful Debt Burden

A Look At The Fair Value Of Marel hf. (ICE:MAREL)

Dec 10
A Look At The Fair Value Of Marel hf. (ICE:MAREL)

Is Marel hf (ICE:MAREL) A Risky Investment?

Nov 22
Is Marel hf (ICE:MAREL) A Risky Investment?

Marel hf.'s (ICE:MAREL) Intrinsic Value Is Potentially 28% Above Its Share Price

Sep 10
Marel hf.'s (ICE:MAREL) Intrinsic Value Is Potentially 28% Above Its Share Price

Marel hf (ICE:MAREL) Seems To Use Debt Quite Sensibly

May 31
Marel hf (ICE:MAREL) Seems To Use Debt Quite Sensibly

Is Marel hf. (ICE:MAREL) Expensive For A Reason? A Look At Its Intrinsic Value

Apr 23
Is Marel hf. (ICE:MAREL) Expensive For A Reason? A Look At Its Intrinsic Value

Shareholders Will Probably Not Have Any Issues With Marel hf.'s (ICE:MAREL) CEO Compensation

Mar 09
Shareholders Will Probably Not Have Any Issues With Marel hf.'s (ICE:MAREL) CEO Compensation

Marel hf (ICE:MAREL) Seems To Use Debt Quite Sensibly

Mar 01
Marel hf (ICE:MAREL) Seems To Use Debt Quite Sensibly

Marel hf (ICE:MAREL) Hasn't Managed To Accelerate Its Returns

Jan 22
Marel hf (ICE:MAREL) Hasn't Managed To Accelerate Its Returns

Estimating The Fair Value Of Marel hf. (ICE:MAREL)

Jan 05
Estimating The Fair Value Of Marel hf. (ICE:MAREL)

We Think Marel hf (ICE:MAREL) Can Stay On Top Of Its Debt

Nov 20
We Think Marel hf (ICE:MAREL) Can Stay On Top Of Its Debt

Investors Met With Slowing Returns on Capital At Marel hf (ICE:MAREL)

Oct 20
Investors Met With Slowing Returns on Capital At Marel hf (ICE:MAREL)

Does This Valuation Of Marel hf. (ICE:MAREL) Imply Investors Are Overpaying?

Oct 02
Does This Valuation Of Marel hf. (ICE:MAREL) Imply Investors Are Overpaying?

Marel hf (ICE:MAREL) Has A Rock Solid Balance Sheet

Aug 10
Marel hf (ICE:MAREL) Has A Rock Solid Balance Sheet

Marel hf (ICE:MAREL) Hasn't Managed To Accelerate Its Returns

Jul 05
Marel hf (ICE:MAREL) Hasn't Managed To Accelerate Its Returns

Marel hf.'s (ICE:MAREL) Intrinsic Value Is Potentially 26% Below Its Share Price

May 04
Marel hf.'s (ICE:MAREL) Intrinsic Value Is Potentially 26% Below Its Share Price

Is Marel hf (ICE:MAREL) Using Too Much Debt?

Apr 18
Is Marel hf (ICE:MAREL) Using Too Much Debt?

Financial 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).


Balance Sheet


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