Manitex International Balance Sheet Health
Financial Health criteria checks 2/6
Manitex International has a total shareholder equity of $86.3M and total debt of $85.3M, which brings its debt-to-equity ratio to 98.8%. Its total assets and total liabilities are $250.9M and $164.6M respectively. Manitex International's EBIT is $20.2M making its interest coverage ratio 2.6. It has cash and short-term investments of $4.2M.
Key information
98.8%
Debt to equity ratio
US$85.26m
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$4.25m |
| Equity | US$86.26m |
| Total liabilities | US$164.62m |
| Total assets | US$250.88m |
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
Manitex International, Inc. (NASDAQ:MNTX) Stock's 33% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 13Manitex International (NASDAQ:MNTX) Is Looking To Continue Growing Its Returns On Capital
Aug 08Not Many Are Piling Into Manitex International, Inc. (NASDAQ:MNTX) Stock Yet As It Plummets 28%
Jun 18Why Manitex International, Inc. (NASDAQ:MNTX) Could Be Worth Watching
Jun 14Manitex International, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 05Is 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 20Financial Position Analysis
Short Term Liabilities: MNTX's short term assets ($141.0M) exceed its short term liabilities ($85.8M).
Long Term Liabilities: MNTX's short term assets ($141.0M) exceed its long term liabilities ($78.8M).
Debt to Equity History and Analysis
Debt Level: MNTX's net debt to equity ratio (93.9%) is considered high.
Reducing Debt: MNTX's debt to equity ratio has increased from 82.5% to 98.8% over the past 5 years.
Debt Coverage: MNTX's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: MNTX's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 07:10 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Manitex International, Inc. is covered by 10 analysts. 1 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 |
|---|---|
| Kristine Kubacki | Avondale Partners |
| Amit Dayal | Benchmark Company |
| Michael Shlisky | Colliers Securities |