MRC Global Balance Sheet Health
Financial Health criteria checks 6/6
MRC Global has a total shareholder equity of $850.0M and total debt of $295.0M, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are $1.9B and $1.1B respectively. MRC Global's EBIT is $168.0M making its interest coverage ratio 5.1. It has cash and short-term investments of $146.0M.
Key information
34.7%
Debt to equity ratio
US$295.00m
Debt
| Interest coverage ratio | 5.1x |
| Cash | US$146.00m |
| Equity | US$850.00m |
| Total liabilities | US$1.07b |
| Total assets | US$1.92b |
Recent financial health updates
These 4 Measures Indicate That MRC Global (NYSE:MRC) Is Using Debt Reasonably Well
Nov 11
These 4 Measures Indicate That MRC Global (NYSE:MRC) Is Using Debt Reasonably Well
Aug 09Is MRC Global (NYSE:MRC) Using Too Much Debt?
Apr 10Is MRC Global (NYSE:MRC) A Risky Investment?
Dec 10Is MRC Global (NYSE:MRC) Using Too Much Debt?
Aug 29These 4 Measures Indicate That MRC Global (NYSE:MRC) Is Using Debt Extensively
May 15Recent updates
MRC Global Inc. Just Beat EPS By 15%: Here's What Analysts Think Will Happen Next
May 12MRC Global: Gas Demand From The Housing Market, Multi-Year Agreements, And Cheap
Mar 20The Return Trends At MRC Global (NYSE:MRC) Look Promising
Feb 15Alluvial Capital - MRC Global: Continued M&A Unfeasible Given Ongoing Litigation Risks
Feb 08These 4 Measures Indicate That MRC Global (NYSE:MRC) Is Using Debt Reasonably Well
Nov 11MRC Global: Exploring A Potential Sale Of The Company
Nov 01These 4 Measures Indicate That MRC Global (NYSE:MRC) Is Using Debt Reasonably Well
Aug 09MRC Global Stock Seems Too Cheap To Ignore
Jul 28MRC Global (NYSE:MRC) Shareholders Will Want The ROCE Trajectory To Continue
Jul 07Is MRC Global (NYSE:MRC) Using Too Much Debt?
Apr 10The Return Trends At MRC Global (NYSE:MRC) Look Promising
Mar 13MRC Global GAAP EPS of $0.18 beats by $0.03, revenue of $869M misses by $3.17M
Feb 13Is MRC Global (NYSE:MRC) A Risky Investment?
Dec 10MRC Global (NYSE:MRC) Shareholders Will Want The ROCE Trajectory To Continue
Nov 10MRC Global: Not There Yet
Oct 15Morguard renews buyback program
Sep 16Is MRC Global (NYSE:MRC) Using Too Much Debt?
Aug 29MRC Global (NYSE:MRC) Is Experiencing Growth In Returns On Capital
Jul 25These 4 Measures Indicate That MRC Global (NYSE:MRC) Is Using Debt Extensively
May 15Returns On Capital Are Showing Encouraging Signs At MRC Global (NYSE:MRC)
Apr 09MRC Global: Justifiably Cheap
Mar 03MRC Global (NYSE:MRC) Has A Somewhat Strained Balance Sheet
Jan 18MRC Global: Margin Pressures Can Overshadow Growth Perspective
Dec 20MRC Global (NYSE:MRC) Is Looking To Continue Growing Its Returns On Capital
Dec 18MRC Global (NYSE:MRC) Takes On Some Risk With Its Use Of Debt
Oct 14MRC Global (NYSE:MRC) Will Be Looking To Turn Around Its Returns
Aug 29MRC Global: Growth Factors To Overcome The Margin Pressures
Aug 14Estimating The Fair Value Of MRC Global Inc. (NYSE:MRC)
Jun 15Here's Why MRC Global (NYSE:MRC) Can Afford Some Debt
May 11MRC Global Inc. 2021 Q1 - Results - Earnings Call Presentation
Apr 28Are Investors Undervaluing MRC Global Inc. (NYSE:MRC) By 23%?
Mar 02Who Has Been Buying MRC Global Inc. (NYSE:MRC) Shares?
Feb 03
Financial Position Analysis
Short Term Liabilities: MRC's short term assets ($1.2B) exceed its short term liabilities ($814.0M).
Long Term Liabilities: MRC's short term assets ($1.2B) exceed its long term liabilities ($256.0M).
Debt to Equity History and Analysis
Debt Level: MRC's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: MRC's debt to equity ratio has reduced from 72.2% to 34.7% over the past 5 years.
Debt Coverage: MRC's debt is well covered by operating cash flow (84.4%).
Interest Coverage: MRC's interest payments on its debt are well covered by EBIT (5.1x coverage).