Manitowoc Company Balance Sheet Health
Financial Health criteria checks 3/6
Manitowoc Company has a total shareholder equity of $603.3M and total debt of $372.1M, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are $1.7B and $1.1B respectively. Manitowoc Company's EBIT is $108.9M making its interest coverage ratio 3.1. It has cash and short-term investments of $34.4M.
Key information
61.7%
Debt to equity ratio
US$372.10m
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$34.40m |
| Equity | US$603.30m |
| Total liabilities | US$1.10b |
| Total assets | US$1.71b |
Recent financial health updates
Does Manitowoc Company (NYSE:MTW) Have A Healthy Balance Sheet?
Sep 08
Manitowoc Company (NYSE:MTW) Has No Shortage Of Debt
Apr 05We Think Manitowoc Company (NYSE:MTW) Is Taking Some Risk With Its Debt
Oct 12Here's Why Manitowoc Company (NYSE:MTW) Has A Meaningful Debt Burden
Feb 24Manitowoc Company (NYSE:MTW) Takes On Some Risk With Its Use Of Debt
Oct 26Manitowoc Company (NYSE:MTW) Seems To Be Using A Lot Of Debt
Jun 01Recent updates
The Manitowoc Company Deserves To Rise From Here
Feb 25We Think Manitowoc Company's (NYSE:MTW) Profit Is Only A Baseline For What They Can Achieve
Feb 21The Manitowoc Company: Recent Correction Is A Good Opportunity
Feb 19The Manitowoc Company, Inc. Just Missed EPS By 32%: Here's What Analysts Think Will Happen Next
Feb 17Manitowoc: Cheap For A Reason
Nov 06The Manitowoc Company, Inc: Product Innovation Resulting In Compounding Growth
Sep 17Does Manitowoc Company (NYSE:MTW) Have A Healthy Balance Sheet?
Sep 08Returns Are Gaining Momentum At Manitowoc Company (NYSE:MTW)
Aug 10Manitowoc's Share Price Surge: Evaluating The Road Ahead
Jun 29Manitowoc Company (NYSE:MTW) Has No Shortage Of Debt
Apr 05There's Been No Shortage Of Growth Recently For Manitowoc Company's (NYSE:MTW) Returns On Capital
Mar 15The Manitowoc Company: Expect Outperformance To Continue
Feb 15Calculating The Fair Value Of The Manitowoc Company, Inc. (NYSE:MTW)
Jan 08The Manitowoc Company: A High Risk/High Reward Turnaround Play
Nov 14Manitowoc Q3 2022 Earnings Preview
Nov 06We Think Manitowoc Company (NYSE:MTW) Is Taking Some Risk With Its Debt
Oct 12Are Investors Undervaluing The Manitowoc Company, Inc. (NYSE:MTW) By 31%?
Aug 23Manitowoc Company (NYSE:MTW) Is Experiencing Growth In Returns On Capital
May 10The Manitowoc Company: Almost Not Worth The Volatility
Apr 20Here's Why Manitowoc Company (NYSE:MTW) Has A Meaningful Debt Burden
Feb 24There's Been No Shortage Of Growth Recently For Manitowoc Company's (NYSE:MTW) Returns On Capital
Jan 21Manitowoc: Ambitious Medium-Term Outlook Highlights The Upside Potential
Jan 12The Manitowoc Company, Inc.'s (NYSE:MTW) Intrinsic Value Is Potentially 58% Above Its Share Price
Nov 12Manitowoc Company (NYSE:MTW) Takes On Some Risk With Its Use Of Debt
Oct 26Returns At Manitowoc Company (NYSE:MTW) Are On The Way Up
Oct 11Statutory Profit Doesn't Reflect How Good Manitowoc Company's (NYSE:MTW) Earnings Are
Aug 13Rainbows and Unicorns: The Manitowoc Company, Inc. (NYSE:MTW) Analysts Just Became A Lot More Optimistic
Aug 08Manitowoc: H&E Equipment Acquisition Is A Positive Step
Aug 01Estimating The Intrinsic Value Of The Manitowoc Company, Inc. (NYSE:MTW)
Jul 19Manitowoc says 'cybersecurity incident' caused systems outage
Jun 09Manitowoc Company (NYSE:MTW) Seems To Be Using A Lot Of Debt
Jun 01Manitowoc Company (NYSE:MTW) Is Experiencing Growth In Returns On Capital
May 11The Manitowoc Company, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 10Financial Position Analysis
Short Term Liabilities: MTW's short term assets ($1.0B) exceed its short term liabilities ($563.3M).
Long Term Liabilities: MTW's short term assets ($1.0B) exceed its long term liabilities ($540.1M).
Debt to Equity History and Analysis
Debt Level: MTW's net debt to equity ratio (56%) is considered high.
Reducing Debt: MTW's debt to equity ratio has increased from 45.4% to 61.7% over the past 5 years.
Debt Coverage: MTW's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: MTW's interest payments on its debt are well covered by EBIT (3.1x coverage).