Mueller Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mueller Industries has a total shareholder equity of $2.4B and total debt of $835.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are $2.9B and $445.9M respectively. Mueller Industries's EBIT is $693.5M making its interest coverage ratio -14.4. It has cash and short-term investments of $1.4B.
Key information
0.03%
Debt to equity ratio
US$835.00k
Debt
Interest coverage ratio | -14.4x |
Cash | US$1.36b |
Equity | US$2.45b |
Total liabilities | US$445.87m |
Total assets | US$2.89b |
Recent financial health updates
Here's Why Mueller Industries (NYSE:MLI) Can Manage Its Debt Responsibly
Dec 01We Think Mueller Industries (NYSE:MLI) Can Manage Its Debt With Ease
Aug 19Mueller Industries (NYSE:MLI) Could Easily Take On More Debt
May 18Is Mueller Industries (NYSE:MLI) Using Too Much Debt?
Feb 12We Think Mueller Industries (NYSE:MLI) Can Manage Its Debt With Ease
Oct 17Mueller Industries (NYSE:MLI) Has A Rock Solid Balance Sheet
Jun 26Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Mueller Industries, Inc.'s (NYSE:MLI) CEO For Now
May 03Fewer Investors Than Expected Jumping On Mueller Industries, Inc. (NYSE:MLI)
Apr 22Is Now The Time To Look At Buying Mueller Industries, Inc. (NYSE:MLI)?
Feb 16Mueller Industries (NYSE:MLI) Is Investing Its Capital With Increasing Efficiency
Jan 25Mueller Industries, Inc. (NYSE:MLI) Could Be Riskier Than It Looks
Jan 07Mueller Industries: Boring Company, But Solid Performance Earned A Spot In My Portfolio
Dec 10Here's Why Mueller Industries (NYSE:MLI) Can Manage Its Debt Responsibly
Dec 01Is Mueller Industries, Inc. (NYSE:MLI) Potentially Undervalued?
Nov 10Mueller Industries: Unmasking Value
Sep 28Investors Should Be Encouraged By Mueller Industries' (NYSE:MLI) Returns On Capital
Sep 15We Think Mueller Industries (NYSE:MLI) Can Manage Its Debt With Ease
Aug 19Is It Time To Consider Buying Mueller Industries, Inc. (NYSE:MLI)?
Aug 04Mueller Industries: Sound Company, But Not A Fan At These Levels
Jul 25Here's Why We Think Mueller Industries (NYSE:MLI) Might Deserve Your Attention Today
Jul 19We Think Mueller Industries (NYSE:MLI) Might Have The DNA Of A Multi-Bagger
Jun 08Mueller Industries (NYSE:MLI) Could Easily Take On More Debt
May 18Why Mueller Industries, Inc. (NYSE:MLI) Could Be Worth Watching
May 02Should You Be Adding Mueller Industries (NYSE:MLI) To Your Watchlist Today?
Apr 17We Think Mueller Industries (NYSE:MLI) Might Have The DNA Of A Multi-Bagger
Feb 26Mueller raises dividend by 20% to $0.30/share
Feb 21Is Mueller Industries (NYSE:MLI) Using Too Much Debt?
Feb 12Mueller GAAP EPS of $2.46, revenue of $877.6M
Feb 07Mueller Industries: Divesting And Acquisitions Make It Undervalued
Jan 17What Does Mueller Industries, Inc.'s (NYSE:MLI) Share Price Indicate?
Jan 16Here's Why We Think Mueller Industries (NYSE:MLI) Might Deserve Your Attention Today
Dec 06Mueller Industries (NYSE:MLI) Could Become A Multi-Bagger
Nov 20Mueller Industries: It Screams Cheap Value But Beware
Nov 07Mueller Industries: Shares Look Cheap, But Risks Remain
Oct 24We Think Mueller Industries (NYSE:MLI) Can Manage Its Debt With Ease
Oct 17Is It Too Late To Consider Buying Mueller Industries, Inc. (NYSE:MLI)?
Sep 15Here's Why We Think Mueller Industries (NYSE:MLI) Is Well Worth Watching
Aug 16Mueller Industries: Boring Stock That Makes Money
Aug 12Mueller declares $0.25 dividend
Jul 29Mueller GAAP EPS of $3.65, revenue of $1.15B
Jul 19Why The 48% Return On Capital At Mueller Industries (NYSE:MLI) Should Have Your Attention
Jul 13Mueller Industries (NYSE:MLI) Has A Rock Solid Balance Sheet
Jun 26Mueller Industries: Prudent And Balanced Growth At A Reasonable Price
Jun 13Do Mueller Industries's (NYSE:MLI) Earnings Warrant Your Attention?
May 15We Like Mueller Industries' (NYSE:MLI) Returns And Here's How They're Trending
Apr 10Mueller Industries (NYSE:MLI) Could Easily Take On More Debt
Mar 26Mueller Industries: Strong Buy On Infrastructure And Housing
Mar 17Mueller Industries: Fabricated For Success
Mar 02Mueller Industries (NYSE:MLI) Will Pay A Larger Dividend Than Last Year At US$0.25
Feb 24Financial Position Analysis
Short Term Liabilities: MLI's short term assets ($2.2B) exceed its short term liabilities ($361.3M).
Long Term Liabilities: MLI's short term assets ($2.2B) exceed its long term liabilities ($84.6M).
Debt to Equity History and Analysis
Debt Level: MLI has more cash than its total debt.
Reducing Debt: MLI's debt to equity ratio has reduced from 97.1% to 0.03% over the past 5 years.
Debt Coverage: MLI's debt is well covered by operating cash flow (87996.8%).
Interest Coverage: MLI earns more interest than it pays, so coverage of interest payments is not a concern.