Mueller Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mueller Industries has a total shareholder equity of $2.7B and total debt of $946.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are $3.2B and $497.5M respectively. Mueller Industries's EBIT is $731.7M making its interest coverage ratio -13.2. It has cash and short-term investments of $969.6M.
Key information
0.03%
Debt to equity ratio
US$946.00k
Debt
| Interest coverage ratio | -13.2x |
| Cash | US$969.57m |
| Equity | US$2.71b |
| Total liabilities | US$497.50m |
| Total assets | US$3.21b |
Recent financial health updates
No updates
Recent updates
Mueller Industries Earnings Preview: Outstanding Performance, Muddied By Uncertainty
Jan 29Why We Like The Returns At Mueller Industries (NYSE:MLI)
Jan 20
At US$82.95, Is It Time To Put Mueller Industries, Inc. (NYSE:MLI) On Your Watch List?
Dec 13Why Investors Shouldn't Be Surprised By Mueller Industries, Inc.'s (NYSE:MLI) 32% Share Price Surge
Nov 07Mueller Industries: A Wonderful Company At A Fair Price
Sep 27Mueller Industries (NYSE:MLI) Is Very Good At Capital Allocation
Sep 19Is It Too Late To Consider Buying Mueller Industries, Inc. (NYSE:MLI)?
Sep 01Mueller Industries (NYSE:MLI) Knows How To Allocate Capital Effectively
Jun 20The Transformation Continues For Mueller Industries
May 30Should You Investigate Mueller Industries, Inc. (NYSE:MLI) At US$58.91?
May 22We 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: Boring Company, But Solid Performance Earned A Spot In My Portfolio
Dec 10Mueller Industries: Unmasking Value
Sep 28Mueller Industries: Sound Company, But Not A Fan At These Levels
Jul 25Mueller raises dividend by 20% to $0.30/share
Feb 21Mueller GAAP EPS of $2.46, revenue of $877.6M
Feb 07Mueller Industries: Divesting And Acquisitions Make It Undervalued
Jan 17Mueller Industries: It Screams Cheap Value But Beware
Nov 07Mueller Industries: Shares Look Cheap, But Risks Remain
Oct 24Financial Position Analysis
Short Term Liabilities: MLI's short term assets ($1.9B) exceed its short term liabilities ($394.0M).
Long Term Liabilities: MLI's short term assets ($1.9B) exceed its long term liabilities ($103.5M).
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 70.7% to 0.03% over the past 5 years.
Debt Coverage: MLI's debt is well covered by operating cash flow (71888.3%).
Interest Coverage: MLI earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 19:54 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
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 |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Mueller Industries, Inc. is covered by 6 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 |
|---|---|
| Ryan Connors | Boenning & Scattergood, Inc. |
| Edward Wheeler | Buckingham Research Group Inc. |
| Ryan Connors | Northcoast Research |