Manitex International Balance Sheet Health
Financial Health criteria checks 2/6
Manitex International has a total shareholder equity of $79.7M and total debt of $91.6M, which brings its debt-to-equity ratio to 114.9%. Its total assets and total liabilities are $255.7M and $176.0M respectively. Manitex International's EBIT is $15.8M making its interest coverage ratio 2.1. It has cash and short-term investments of $9.3M.
Key information
114.9%
Debt to equity ratio
US$91.56m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$9.27m |
| Equity | US$79.68m |
| Total liabilities | US$176.05m |
| Total assets | US$255.73m |
Recent financial health updates
Is Manitex International (NASDAQ:MNTX) A Risky Investment?
Apr 03
These 4 Measures Indicate That Manitex International (NASDAQ:MNTX) Is Using Debt Extensively
Jun 07Manitex International (NASDAQ:MNTX) Seems To Be Using A Lot Of Debt
Feb 03Does Manitex International (NASDAQ:MNTX) Have A Healthy Balance Sheet?
Dec 16Is Manitex International (NASDAQ:MNTX) Using Too Much Debt?
Sep 05We Think Manitex International (NASDAQ:MNTX) Has A Fair Chunk Of Debt
Apr 07Recent updates
Is Manitex International (NASDAQ:MNTX) A Risky Investment?
Apr 03Manitex International, Inc. (NASDAQ:MNTX) Held Back By Insufficient Growth Even After Shares Climb 27%
Jan 01Returns At Manitex International (NASDAQ:MNTX) Are On The Way Up
Dec 02Manitex International, Inc.'s (NASDAQ:MNTX) Low P/S No Reason For Excitement
Oct 17These 4 Measures Indicate That Manitex International (NASDAQ:MNTX) Is Using Debt Extensively
Jun 07Manitex International (NASDAQ:MNTX) Seems To Be Using A Lot Of Debt
Feb 03Investors Will Want Manitex International's (NASDAQ:MNTX) Growth In ROCE To Persist
Dec 11Manitex announces $3M follow-on contract with military customer
Sep 21Manitex commences deliveries on $15M order for aerial work platforms to Enel
Jun 29Manitex Likely To See Some Short-Term Pain, But Long-Term Gains Still In Play
Feb 27Does Manitex International (NASDAQ:MNTX) Have A Healthy Balance Sheet?
Dec 16Is Manitex International (NASDAQ:MNTX) Using Too Much Debt?
Sep 05Manitex International's (NASDAQ:MNTX) Solid Earnings May Rest On Weak Foundations
Aug 10We Think Manitex International (NASDAQ:MNTX) Has A Fair Chunk Of Debt
Apr 07Manitex International, Inc. (NASDAQ:MNTX) On The Verge Of Breaking Even
Mar 03Could The Manitex International, Inc. (NASDAQ:MNTX) Ownership Structure Tell Us Something Useful?
Feb 10What Type Of Returns Would Manitex International's(NASDAQ:MNTX) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 20Manitex International repays $15.5M of convertible notes and $2M term debt
Jan 06Who Has Been Buying Manitex International, Inc. (NASDAQ:MNTX) Shares?
Dec 30
Manitex International receives new PM/Oil & Steel Orders worth $2M
Dec 29Would Manitex International (NASDAQ:MNTX) Be Better Off With Less Debt?
Dec 04Manitex International, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 06Manitex EPS misses by $0.04, misses on revenue
Nov 05Financial Position Analysis
Short Term Liabilities: MNTX's short term assets ($145.6M) exceed its short term liabilities ($92.8M).
Long Term Liabilities: MNTX's short term assets ($145.6M) exceed its long term liabilities ($83.3M).
Debt to Equity History and Analysis
Debt Level: MNTX's net debt to equity ratio (103.3%) is considered high.
Reducing Debt: MNTX's debt to equity ratio has increased from 76.7% to 114.9% over the past 5 years.
Debt Coverage: MNTX's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: MNTX's interest payments on its debt are not well covered by EBIT (2.1x coverage).