MPC Container Ships Balance Sheet Health
Financial Health criteria checks 6/6
MPC Container Ships has a total shareholder equity of $780.1M and total debt of $167.1M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are $1.0B and $228.1M respectively. MPC Container Ships's EBIT is $300.0M making its interest coverage ratio 25.4. It has cash and short-term investments of $163.6M.
Key information
21.4%
Debt to equity ratio
US$167.12m
Debt
| Interest coverage ratio | 25.4x |
| Cash | US$163.57m |
| Equity | US$780.11m |
| Total liabilities | US$228.06m |
| Total assets | US$1.01b |
Recent financial health updates
Is MPC Container Ships (OB:MPCC) Using Too Much Debt?
Jun 17
Is MPC Container Ships (OB:MPCC) A Risky Investment?
Oct 26Is 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 13Recent updates
Is There An Opportunity With MPC Container Ships ASA's (OB:MPCC) 32% Undervaluation?
Sep 27Some May Be Optimistic About MPC Container Ships' (OB:MPCC) Earnings
Sep 05Investors Aren't Buying MPC Container Ships ASA's (OB:MPCC) Earnings
Aug 28What Does MPC Container Ships ASA's (OB:MPCC) Share Price Indicate?
Jul 12Is MPC Container Ships (OB:MPCC) Using Too Much Debt?
Jun 17MPC Container Ships ASA (OB:MPCC) Shares Could Be 35% Below Their Intrinsic Value Estimate
May 14Optimistic Investors Push MPC Container Ships ASA (OB:MPCC) Shares Up 30% But Growth Is Lacking
Apr 25Shareholders 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 22Financial Position Analysis
Short Term Liabilities: MPCC's short term assets ($203.4M) exceed its short term liabilities ($96.1M).
Long Term Liabilities: MPCC's short term assets ($203.4M) exceed its long term liabilities ($131.9M).
Debt to Equity History and Analysis
Debt Level: MPCC's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: MPCC's debt to equity ratio has reduced from 58.3% to 21.4% over the past 5 years.
Debt Coverage: MPCC's debt is well covered by operating cash flow (233.8%).
Interest Coverage: MPCC's interest payments on its debt are well covered by EBIT (25.4x coverage).