MRC Global Balance Sheet Health
Financial Health criteria checks 6/6
MRC Global has a total shareholder equity of $912.0M and total debt of $85.0M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are $1.8B and $844.0M respectively. MRC Global's EBIT is $150.0M making its interest coverage ratio 6. It has cash and short-term investments of $62.0M.
Key information
9.3%
Debt to equity ratio
US$85.00m
Debt
| Interest coverage ratio | 6x |
| Cash | US$62.00m |
| Equity | US$912.00m |
| Total liabilities | US$844.00m |
| Total assets | US$1.76b |
Recent financial health updates
Does MRC Global (NYSE:MRC) Have A Healthy Balance Sheet?
Jul 15
These 4 Measures Indicate That MRC Global (NYSE:MRC) Is Using Debt Reasonably Well
Nov 11These 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 29Recent updates
Does MRC Global (NYSE:MRC) Have A Healthy Balance Sheet?
Jul 15The Return Trends At MRC Global (NYSE:MRC) Look Promising
Jun 30Sentiment Still Eluding MRC Global Inc. (NYSE:MRC)
Jun 08MRC Global (NYSE:MRC) Is Posting Promising Earnings But The Good News Doesn’t Stop There
May 21MRC 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 14Financial Position Analysis
Short Term Liabilities: MRC's short term assets ($1.0B) exceed its short term liabilities ($524.0M).
Long Term Liabilities: MRC's short term assets ($1.0B) exceed its long term liabilities ($320.0M).
Debt to Equity History and Analysis
Debt Level: MRC's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: MRC's debt to equity ratio has reduced from 61.1% to 9.3% over the past 5 years.
Debt Coverage: MRC's debt is well covered by operating cash flow (336.5%).
Interest Coverage: MRC's interest payments on its debt are well covered by EBIT (6x coverage).