Mueller Water Products Balance Sheet Health
Financial Health criteria checks 6/6
Mueller Water Products has a total shareholder equity of $791.6M and total debt of $446.6M, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are $1.6B and $777.0M respectively. Mueller Water Products's EBIT is $196.3M making its interest coverage ratio 15.1. It has cash and short-term investments of $243.3M.
Key information
56.4%
Debt to equity ratio
US$446.60m
Debt
| Interest coverage ratio | 15.1x |
| Cash | US$243.30m |
| Equity | US$791.60m |
| Total liabilities | US$777.00m |
| Total assets | US$1.57b |
Recent financial health updates
These 4 Measures Indicate That Mueller Water Products (NYSE:MWA) Is Using Debt Reasonably Well
Jun 17
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 16Recent updates
Mueller Water Products, Inc.'s (NYSE:MWA) Earnings Haven't Escaped The Attention Of Investors
Sep 09At US$20.85, Is Mueller Water Products, Inc. (NYSE:MWA) Worth Looking At Closely?
Aug 24Mueller Water Products' (NYSE:MWA) Dividend Will Be $0.064
Aug 08Mueller Water Products: After A Surge, It's Time To Turn The Tap Down
Aug 06Returns On Capital At Mueller Water Products (NYSE:MWA) Have Stalled
Jul 03These 4 Measures Indicate That Mueller Water Products (NYSE:MWA) Is Using Debt Reasonably Well
Jun 17Should You Be Adding Mueller Water Products (NYSE:MWA) To Your Watchlist Today?
May 29Mueller Water Products' (NYSE:MWA) Solid Earnings Have Been Accounted For Conservatively
May 14Mueller Water Products, Inc.'s (NYSE:MWA) P/E Is Still On The Mark Following 27% Share Price Bounce
May 11Mueller Water Products, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 09Mueller Water Products' (NYSE:MWA) Dividend Will Be $0.064
May 07Is Mueller Water Products, Inc. (NYSE:MWA) Potentially Undervalued?
Apr 30Here'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 26Financial Position Analysis
Short Term Liabilities: MWA's short term assets ($785.5M) exceed its short term liabilities ($212.4M).
Long Term Liabilities: MWA's short term assets ($785.5M) exceed its long term liabilities ($564.6M).
Debt to Equity History and Analysis
Debt Level: MWA's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: MWA's debt to equity ratio has reduced from 78.8% to 56.4% over the past 5 years.
Debt Coverage: MWA's debt is well covered by operating cash flow (46.1%).
Interest Coverage: MWA's interest payments on its debt are well covered by EBIT (15.1x coverage).