Miller Industries Balance Sheet Health
Financial Health criteria checks 5/6
Miller Industries has a total shareholder equity of $401.0M and total debt of $65.0M, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are $667.0M and $266.0M respectively. Miller Industries's EBIT is $84.5M making its interest coverage ratio 21.5. It has cash and short-term investments of $24.3M.
Key information
16.2%
Debt to equity ratio
US$65.00m
Debt
| Interest coverage ratio | 21.5x |
| Cash | US$24.34m |
| Equity | US$401.03m |
| Total liabilities | US$265.99m |
| Total assets | US$667.02m |
Recent financial health updates
We Think Miller Industries (NYSE:MLR) Can Stay On Top Of Its Debt
Jan 18
Does Miller Industries (NYSE:MLR) Have A Healthy Balance Sheet?
Jul 16Recent updates
Bearish: Analysts Just Cut Their Miller Industries, Inc. (NYSE:MLR) Revenue and EPS estimates
Mar 12Miller Industries: Take Advantage Of The Recent Fall
Mar 11Miller Industries (NYSE:MLR) Will Pay A Larger Dividend Than Last Year At $0.20
Mar 09It's Down 29% But Miller Industries, Inc. (NYSE:MLR) Could Be Riskier Than It Looks
Mar 07Miller Industries: Assessing Whether Q4 Earnings Will Get Investors Interested Again
Feb 27If EPS Growth Is Important To You, Miller Industries (NYSE:MLR) Presents An Opportunity
Feb 25We Think Miller Industries (NYSE:MLR) Can Stay On Top Of Its Debt
Jan 18Miller Industries: The Meteoric Rise Continues
Nov 22Capital Investment Trends At Miller Industries (NYSE:MLR) Look Strong
Nov 12
Elevated Production And Calculated Investments Promise Bright Future Despite Risks
Sep 18 Continuous shareholder returns and productivity initiatives signal a strong focus on increasing shareholder value and net margin improvement.Miller Industries: Shares Can Keep Moving Higher
Aug 16Does Miller Industries (NYSE:MLR) Have A Healthy Balance Sheet?
Jul 16Miller Industries Can Keep Pulling Itself Higher As Conditions Stabilize
May 06Miller Industries: Inventory Frontloading Continues To Be A Winning Strategy For Now
Jan 30Miller Industries: Remains Underfollowed And Undervalued
Jan 24Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18
Nov 17Miller Industries: Elevated Working Capital Needs Suggest More Share-Price Consolidation
Oct 09Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18
Aug 28Miller Industries (NYSE:MLR) Is Due To Pay A Dividend Of $0.18
Aug 13Miller Industries: The Market Is Missing This Operating Leverage Story
Jul 22Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18
Jun 01Miller Industries (NYSE:MLR) Is Paying Out A Dividend Of $0.18
May 07Miller Industries Still Has Room To Ride
Feb 08Miller Industries (NYSE:MLR) Will Pay A Dividend Of $0.18
Nov 13Miller declares $0.18 dividend
Nov 09Miller Industries: Bulls Looking For Momentum To Continue (Technical Analysis)
Sep 13Miller Industries' (NYSE:MLR) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Aug 11Miller declares $0.18 dividend
Aug 03Is Miller Industries A Buy Yet?
Jul 05Miller Industries (NYSE:MLR) Has Affirmed Its Dividend Of US$0.18
May 12Palm Valley Capital Fund - Miller Industries: A Solid Balance Sheet
Apr 15Miller Industries: The Risk To Reward Here Is Favorable
Mar 22Financial Position Analysis
Short Term Liabilities: MLR's short term assets ($529.8M) exceed its short term liabilities ($197.9M).
Long Term Liabilities: MLR's short term assets ($529.8M) exceed its long term liabilities ($68.1M).
Debt to Equity History and Analysis
Debt Level: MLR's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: MLR's debt to equity ratio has increased from 2.1% to 16.2% over the past 5 years.
Debt Coverage: MLR's debt is well covered by operating cash flow (26%).
Interest Coverage: MLR's interest payments on its debt are well covered by EBIT (21.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/06 21:39 |
| End of Day Share Price | 2025/05/06 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Miller Industries, Inc. is covered by 5 analysts. 2 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 |
|---|---|
| Michael Shlisky | D.A. Davidson & Co. |
| Vadim Merkulov | Freedom Broker |
| Dmitriy Pozdnyakov | Freedom Broker |