MPC Container Ships Balance Sheet Health
Financial Health criteria checks 6/6
MPC Container Ships has a total shareholder equity of $772.6M and total debt of $126.4M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are $958.5M and $185.9M respectively. MPC Container Ships's EBIT is $359.8M making its interest coverage ratio 29.8. It has cash and short-term investments of $144.1M.
Key information
16.4%
Debt to equity ratio
US$126.44m
Debt
Interest coverage ratio | 29.8x |
Cash | US$144.11m |
Equity | US$772.63m |
Total liabilities | US$185.87m |
Total assets | US$958.51m |
Recent financial health updates
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 13Here's Why MPC Container Ships (OB:MPCC) Can Afford Some Debt
Aug 12Recent updates
MPC 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 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 18Financial Position Analysis
Short Term Liabilities: MPCC's short term assets ($185.1M) exceed its short term liabilities ($96.9M).
Long Term Liabilities: MPCC's short term assets ($185.1M) exceed its long term liabilities ($89.0M).
Debt to Equity History and Analysis
Debt Level: MPCC has more cash than its total debt.
Reducing Debt: MPCC's debt to equity ratio has reduced from 54.2% to 16.4% over the past 5 years.
Debt Coverage: MPCC's debt is well covered by operating cash flow (347.9%).
Interest Coverage: MPCC's interest payments on its debt are well covered by EBIT (29.8x coverage).