MPC Caribbean Clean Energy Balance Sheet Health
Financial Health criteria checks 3/6
MPC Caribbean Clean Energy has a total shareholder equity of $20.4M and total debt of $10.0M, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are $30.7M and $10.2M respectively.
Key information
48.9%
Debt to equity ratio
US$10.00m
Debt
Interest coverage ratio | n/a |
Cash | US$30.61m |
Equity | US$20.45m |
Total liabilities | US$10.21m |
Total assets | US$30.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPCCEL's short term assets ($30.7M) exceed its short term liabilities ($212.8K).
Long Term Liabilities: MPCCEL's short term assets ($30.7M) exceed its long term liabilities ($10.0M).
Debt to Equity History and Analysis
Debt Level: MPCCEL has more cash than its total debt.
Reducing Debt: MPCCEL's debt to equity ratio has increased from 0% to 48.9% over the past 5 years.
Debt Coverage: MPCCEL's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: Insufficient data to determine if MPCCEL's interest payments on its debt are well covered by EBIT.