MPC Container Ships Balance Sheet Health
Financial Health criteria checks 6/6
MPC Container Ships has a total shareholder equity of $753.5M and total debt of $126.5M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are $954.7M and $201.3M respectively. MPC Container Ships's EBIT is $394.2M making its interest coverage ratio 33.3. It has cash and short-term investments of $119.5M.
Key information
16.8%
Debt to equity ratio
US$126.52m
Debt
| Interest coverage ratio | 33.3x |
| Cash | US$119.53m |
| Equity | US$753.48m |
| Total liabilities | US$201.26m |
| Total assets | US$954.74m |
Recent financial health updates
Is MPC Container Ships (OB:MPCC) A Risky Investment?
Oct 26
Is MPC Container Ships (OB:MPCC) A Risky Investment?
Feb 28We Think MPC Container Ships (OB:MPCC) Can Manage Its Debt With Ease
Oct 12Is MPC Container Ships (OB:MPCC) A Risky Investment?
Jun 24We Think MPC Container Ships (OB:MPCC) Can Stay On Top Of Its Debt
Jan 13Here's Why MPC Container Ships (OB:MPCC) Can Afford Some Debt
Aug 12Recent updates
Shareholders Would Not Be Objecting To MPC Container Ships ASA's (OB:MPCC) CEO Compensation And Here's Why
Apr 11Is MPC Container Ships ASA (OB:MPCC) Trading At A 47% Discount?
Dec 21Is MPC Container Ships (OB:MPCC) A Risky Investment?
Oct 26When Should You Buy MPC Container Ships ASA (OB:MPCC)?
Sep 25Is Now The Time To Put MPC Container Ships (OB:MPCC) On Your Watchlist?
Jul 13A Look At The Intrinsic Value Of MPC Container Ships ASA (OB:MPCC)
Jun 22Here's Why MPC Container Ships (OB:MPCC) Has Caught The Eye Of Investors
Apr 14Is MPC Container Ships (OB:MPCC) A Risky Investment?
Feb 28We Think MPC Container Ships (OB:MPCC) Can Manage Its Debt With Ease
Oct 12Is MPC Container Ships ASA (OB:MPCC) Potentially Undervalued?
Jul 16Is MPC Container Ships (OB:MPCC) A Risky Investment?
Jun 24Is There Now An Opportunity In MPC Container Ships ASA (OB:MPCC)?
Apr 11We Think MPC Container Ships (OB:MPCC) Can Stay On Top Of Its Debt
Jan 13Robust Earnings May Not Tell The Whole Story For MPC Container Ships (OB:MPCC)
Nov 24Brokers Are Upgrading Their Views On MPC Container Ships ASA (OB:MPCC) With These New Forecasts
Aug 21Here's Why MPC Container Ships (OB:MPCC) Can Afford Some Debt
Aug 12MPC Container Ships ASA Just Missed Earnings - But Analysts Have Updated Their Models
May 22It Looks Like MPC Container Ships ASA's (OB:MPCC) CEO May Expect Their Salary To Be Put Under The Microscope
Apr 21MPC Container Ships ASA's (OB:MPCC) Has Found A Path To Profitability
Mar 11A Look At The Fair Value Of MPC Container Ships ASA (OB:MPCC)
Feb 18
Is MPC Container Ships ASA (OB:MPCC) Popular Amongst Insiders?
Feb 01Does MPC Container Ships (OB:MPCC) Have A Healthy Balance Sheet?
Jan 11Financial Position Analysis
Short Term Liabilities: MPCC's short term assets ($181.5M) exceed its short term liabilities ($107.6M).
Long Term Liabilities: MPCC's short term assets ($181.5M) exceed its long term liabilities ($93.7M).
Debt to Equity History and Analysis
Debt Level: MPCC's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: MPCC's debt to equity ratio has reduced from 53.9% to 16.8% over the past 5 years.
Debt Coverage: MPCC's debt is well covered by operating cash flow (383.1%).
Interest Coverage: MPCC's interest payments on its debt are well covered by EBIT (33.3x coverage).