Marsh & McLennan Companies Balance Sheet Health
Financial Health criteria checks 4/6
Marsh & McLennan Companies has a total shareholder equity of $12.4B and total debt of $13.5B, which brings its debt-to-equity ratio to 108.8%. Its total assets and total liabilities are $48.0B and $35.7B respectively. Marsh & McLennan Companies's EBIT is $5.6B making its interest coverage ratio 11.2. It has cash and short-term investments of $3.4B.
Key information
108.8%
Debt to equity ratio
US$13.46b
Debt
| Interest coverage ratio | 11.2x |
| Cash | US$3.36b |
| Equity | US$12.37b |
| Total liabilities | US$35.66b |
| Total assets | US$48.03b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMC's short term assets ($21.7B) exceed its short term liabilities ($19.8B).
Long Term Liabilities: MMC's short term assets ($21.7B) exceed its long term liabilities ($15.9B).
Debt to Equity History and Analysis
Debt Level: MMC's net debt to equity ratio (81.7%) is considered high.
Reducing Debt: MMC's debt to equity ratio has increased from 76.8% to 108.8% over the past 5 years.
Debt Coverage: MMC's debt is well covered by operating cash flow (31.6%).
Interest Coverage: MMC's interest payments on its debt are well covered by EBIT (11.2x coverage).