Marel hf Balance Sheet Health

Financial Health criteria checks 3/6

Marel hf has a total shareholder equity of €1.0B and total debt of €855.0M, which brings its debt-to-equity ratio to 83.2%. Its total assets and total liabilities are €2.7B and €1.7B respectively. Marel hf's EBIT is €95.1M making its interest coverage ratio 3.2. It has cash and short-term investments of €64.1M.

Key information

83.2%

Debt to equity ratio

€855.00m

Debt

Interest coverage ratio3.2x
Cash€64.10m
Equity€1.03b
Total liabilities€1.69b
Total assets€2.71b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MAREL N's short term assets (€878.7M) exceed its short term liabilities (€825.1M).

Long Term Liabilities: MAREL N's short term assets (€878.7M) exceed its long term liabilities (€862.0M).


Debt to Equity History and Analysis

Debt Level: MAREL N's net debt to equity ratio (77%) is considered high.

Reducing Debt: MAREL N's debt to equity ratio has increased from 80.8% to 83.2% over the past 5 years.

Debt Coverage: MAREL N's debt is not well covered by operating cash flow (4.7%).

Interest Coverage: MAREL N's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Discover healthy companies