Middleby Financial Health

Short Term Liabilities: MIDD's short term assets ($2.0B) exceed its short term liabilities ($937.8M).

Long Term Liabilities: MIDD's short term assets ($2.0B) do not cover its long term liabilities ($3.2B).

Debt Level: MIDD's net debt to equity ratio (103.8%) is considered high.

Reducing Debt: MIDD's debt to equity ratio has increased from 72.5% to 109.6% over the past 5 years.

Debt Coverage: MIDD's debt is not well covered by operating cash flow (9.2%).

Interest Coverage: MIDD's interest payments on its debt are well covered by EBIT (8.6x coverage).

• Healthy companies in the Capital Goods industry.