Marine Products Balance Sheet Health
Financial Health criteria checks 6/6
Marine Products has a total shareholder equity of $151.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $204.0M and $52.7M respectively. Marine Products's EBIT is $40.5M making its interest coverage ratio -12.5. It has cash and short-term investments of $81.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -12.5x |
Cash | US$81.23m |
Equity | US$151.38m |
Total liabilities | US$52.66m |
Total assets | US$204.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPX *'s short term assets ($148.0M) exceed its short term liabilities ($31.5M).
Long Term Liabilities: MPX *'s short term assets ($148.0M) exceed its long term liabilities ($21.2M).
Debt to Equity History and Analysis
Debt Level: MPX * is debt free.
Reducing Debt: MPX * has not had any debt for past 5 years.
Debt Coverage: MPX * has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MPX * has no debt, therefore coverage of interest payments is not a concern.