Mueller Water Products Balance Sheet Health
Financial Health criteria checks 6/6
Mueller Water Products has a total shareholder equity of $731.2M and total debt of $446.3M, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are $1.5B and $797.6M respectively. Mueller Water Products's EBIT is $132.9M making its interest coverage ratio 9.3. It has cash and short-term investments of $216.7M.
Key information
61.0%
Debt to equity ratio
US$446.30m
Debt
Interest coverage ratio | 9.3x |
Cash | US$216.70m |
Equity | US$731.20m |
Total liabilities | US$797.60m |
Total assets | US$1.53b |
Recent financial health updates
We Think Mueller Water Products (NYSE:MWA) Is Taking Some Risk With Its Debt
Jun 30These 4 Measures Indicate That Mueller Water Products (NYSE:MWA) Is Using Debt Extensively
Feb 16Does Mueller Water Products (NYSE:MWA) Have A Healthy Balance Sheet?
Oct 13Is Mueller Water Products (NYSE:MWA) A Risky Investment?
Jul 14Recent updates
Here's What To Make Of Mueller Water Products' (NYSE:MWA) Decelerating Rates Of Return
Mar 22Investors Interested In Mueller Water Products, Inc.'s (NYSE:MWA) Earnings
Mar 03Mueller Water: Margins Poised For Rebound As Manufacturing Challenges Fade
Jan 29Mueller Water Products: Trading At A Premium Valuation
Jan 19Mueller Water: A Cybersecurity Incident Is Not Ideal, But Appears Cheap
Nov 08Mueller Water Products' (NYSE:MWA) Upcoming Dividend Will Be Larger Than Last Year's
Nov 05Is There Now An Opportunity In Mueller Water Products, Inc. (NYSE:MWA)?
Oct 19A Look At The Intrinsic Value Of Mueller Water Products, Inc. (NYSE:MWA)
Sep 26Returns At Mueller Water Products (NYSE:MWA) Appear To Be Weighed Down
Sep 08Mueller Water Products: TINA Doesn't Live Here Anymore
Aug 12Mueller Water Products (NYSE:MWA) Will Pay A Dividend Of $0.061
Aug 05Is It Time To Consider Buying Mueller Water Products, Inc. (NYSE:MWA)?
Jul 17We Think Mueller Water Products (NYSE:MWA) Is Taking Some Risk With Its Debt
Jun 30Mueller Water Products (NYSE:MWA) Hasn't Managed To Accelerate Its Returns
May 24What Does Mueller Water Products, Inc.'s (NYSE:MWA) Share Price Indicate?
Apr 14These 4 Measures Indicate That Mueller Water Products (NYSE:MWA) Is Using Debt Extensively
Feb 16Merion Road Capital - Mueller Water Products: Not Smooth Sailing, But Valuation Is Attractive
Feb 09Mueller Water Products Non-GAAP EPS of $0.13 beats by $0.05, revenue of $314.8M beats by $25.95M
Feb 02Mueller Water Products (NYSE:MWA) Will Pay A Dividend Of $0.061
Jan 30Mueller Water Products declares $0.061 dividend
Jan 27Should You Investigate Mueller Water Products, Inc. (NYSE:MWA) At US$11.40?
Dec 11Mueller Water Products' (NYSE:MWA) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 08Mueller Water Products Q4 2022 Earnings Preview
Nov 04Is There An Opportunity With Mueller Water Products, Inc.'s (NYSE:MWA) 25% Undervaluation?
Oct 26Mueller Water Products raises dividend by 5% to $0.061
Oct 21Does Mueller Water Products (NYSE:MWA) Have A Healthy Balance Sheet?
Oct 13Return Trends At Mueller Water Products (NYSE:MWA) Aren't Appealing
Sep 25Mueller Water Products: A Decent Play On A Vital Resource
Sep 06At US$12.11, Is It Time To Put Mueller Water Products, Inc. (NYSE:MWA) On Your Watch List?
Aug 18Mueller Water Products (NYSE:MWA) Is Due To Pay A Dividend Of $0.058
Aug 06Mueller Water Products declares $0.058 dividend
Jul 27Are Investors Undervaluing Mueller Water Products, Inc. (NYSE:MWA) By 32%?
Jul 27Is Mueller Water Products (NYSE:MWA) A Risky Investment?
Jul 14Pounding The Table On Mueller Water Products
Jun 24Returns Are Gaining Momentum At Mueller Water Products (NYSE:MWA)
Jun 14Financial Position Analysis
Short Term Liabilities: MWA's short term assets ($729.4M) exceed its short term liabilities ($221.6M).
Long Term Liabilities: MWA's short term assets ($729.4M) exceed its long term liabilities ($576.0M).
Debt to Equity History and Analysis
Debt Level: MWA's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: MWA's debt to equity ratio has reduced from 82.7% to 61% over the past 5 years.
Debt Coverage: MWA's debt is well covered by operating cash flow (41.1%).
Interest Coverage: MWA's interest payments on its debt are well covered by EBIT (9.3x coverage).