Marsden Maritime Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Marsden Maritime Holdings has a total shareholder equity of NZ$157.0M and total debt of NZ$33.4M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are NZ$194.3M and NZ$37.2M respectively. Marsden Maritime Holdings's EBIT is NZ$1.8M making its interest coverage ratio 1. It has cash and short-term investments of NZ$592.0K.
Key information
21.3%
Debt to equity ratio
NZ$33.44m
Debt
| Interest coverage ratio | 1x |
| Cash | NZ$592.00k |
| Equity | NZ$157.02m |
| Total liabilities | NZ$37.24m |
| Total assets | NZ$194.25m |
Recent financial health updates
No updates
Recent updates
There May Be Some Bright Spots In Marsden Maritime Holdings' (NZSE:MMH) Earnings
Aug 30
Marsden Maritime Holdings (NZSE:MMH) Will Pay A Smaller Dividend Than Last Year
Aug 29Here's What Marsden Maritime Holdings Limited's (NZSE:MMH) Shareholder Ownership Structure Looks Like
Jan 27Here's Why We Think Marsden Maritime Holdings's (NZSE:MMH) Statutory Earnings Might Be Conservative
Dec 05
Financial Position Analysis
Short Term Liabilities: MMH's short term assets (NZ$1.6M) exceed its short term liabilities (NZ$1.6M).
Long Term Liabilities: MMH's short term assets (NZ$1.6M) do not cover its long term liabilities (NZ$35.6M).
Debt to Equity History and Analysis
Debt Level: MMH's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: MMH's debt to equity ratio has increased from 8.8% to 21.3% over the past 5 years.
Debt Coverage: MMH's debt is well covered by operating cash flow (21.9%).
Interest Coverage: MMH's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 18:35 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Marsden Maritime Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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