MPC Caribbean Clean Energy Balance Sheet Health
Financial Health criteria checks 4/6
MPC Caribbean Clean Energy has a total shareholder equity of $20.2M and total debt of $10.0M, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are $30.4M and $10.2M respectively.
Key information
49.5%
Debt to equity ratio
US$10.00m
Debt
Interest coverage ratio | n/a |
Cash | US$30.40m |
Equity | US$20.21m |
Total liabilities | US$10.20m |
Total assets | US$30.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPCCEL's short term assets ($30.4M) exceed its short term liabilities ($201.3K).
Long Term Liabilities: MPCCEL's short term assets ($30.4M) exceed its long term liabilities ($10.0M).
Debt to Equity History and Analysis
Debt Level: MPCCEL has more cash than its total debt.
Reducing Debt: MPCCEL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MPCCEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MPCCEL's interest payments on its debt are well covered by EBIT.