Margaritaville (Turks) Ltd

JMSE:MTL Stock Report

Market Cap: US$5.4m

Margaritaville (Turks) Balance Sheet Health

Financial Health criteria checks 5/6

Margaritaville (Turks) has a total shareholder equity of $4.5M and total debt of $234.0K, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are $6.5M and $2.0M respectively. Margaritaville (Turks)'s EBIT is $234.8K making its interest coverage ratio 10.6. It has cash and short-term investments of $111.6K.

Key information

5.2%

Debt to equity ratio

US$234.04k

Debt

Interest coverage ratio10.6x
CashUS$111.56k
EquityUS$4.50m
Total liabilitiesUS$2.01m
Total assetsUS$6.50m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MTL's short term assets ($4.1M) exceed its short term liabilities ($1.9M).

Long Term Liabilities: MTL's short term assets ($4.1M) exceed its long term liabilities ($134.0K).


Debt to Equity History and Analysis

Debt Level: MTL's net debt to equity ratio (2.7%) is considered satisfactory.

Reducing Debt: MTL's debt to equity ratio has increased from 0% to 5.2% over the past 5 years.

Debt Coverage: MTL's debt is well covered by operating cash flow (54.5%).

Interest Coverage: MTL's interest payments on its debt are well covered by EBIT (10.6x coverage).


Balance Sheet


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