Matthews International Balance Sheet Health
Financial Health criteria checks 1/6
Matthews International has a total shareholder equity of $503.7M and total debt of $813.9M, which brings its debt-to-equity ratio to 161.6%. Its total assets and total liabilities are $1.9B and $1.4B respectively. Matthews International's EBIT is $77.1M making its interest coverage ratio 1.6. It has cash and short-term investments of $43.4M.
Key information
161.6%
Debt to equity ratio
US$813.91m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$43.36m |
| Equity | US$503.69m |
| Total liabilities | US$1.36b |
| Total assets | US$1.86b |
Recent financial health updates
These 4 Measures Indicate That Matthews International (NASDAQ:MATW) Is Using Debt Extensively
Nov 07
We Think Matthews International (NASDAQ:MATW) Is Taking Some Risk With Its Debt
Mar 30Does Matthews International (NASDAQ:MATW) Have A Healthy Balance Sheet?
Nov 15Is Matthews International (NASDAQ:MATW) A Risky Investment?
Jul 01We Think Matthews International (NASDAQ:MATW) Can Stay On Top Of Its Debt
Feb 26Recent updates
These 4 Measures Indicate That Matthews International (NASDAQ:MATW) Is Using Debt Extensively
Nov 07Revenues Working Against Matthews International Corporation's (NASDAQ:MATW) Share Price
Oct 08Matthews International: Lawsuit Risks Loom, But Inflection Point Could Be Near
Oct 06Is Now An Opportune Moment To Examine Matthews International Corporation (NASDAQ:MATW)?
Jul 18Matthews International: Investigating Contrarian Potential In Unusual Conglomerate
Jul 07Matthews International Q2: Warehouse Automation Muting Energy Growth
May 06The Returns At Matthews International (NASDAQ:MATW) Aren't Growing
Apr 17We Think Matthews International (NASDAQ:MATW) Is Taking Some Risk With Its Debt
Mar 30Investors Don't See Light At End Of Matthews International Corporation's (NASDAQ:MATW) Tunnel
Mar 15Matthews International: Industrial Turnaround And Margins
Feb 27Shareholders Will Be Pleased With The Quality of Matthews International's (NASDAQ:MATW) Earnings
Feb 09Matthews International: Slow Orderbook Build And Not Great Delivery Rates
Feb 04Does Matthews International (NASDAQ:MATW) Have A Healthy Balance Sheet?
Nov 15Capital Allocation Trends At Matthews International (NASDAQ:MATW) Aren't Ideal
Oct 11Is Matthews International (NASDAQ:MATW) A Risky Investment?
Jul 01Capital Allocation Trends At Matthews International (NASDAQ:MATW) Aren't Ideal
Jun 08We Think Matthews International (NASDAQ:MATW) Can Stay On Top Of Its Debt
Feb 26Matthews International (NASDAQ:MATW) Is Finding It Tricky To Allocate Its Capital
Jan 04Matthews International (NASDAQ:MATW) Is Paying Out A Larger Dividend Than Last Year
Nov 23Matthews International: Single-Digit Multiple Despite Ecommerce, EV And Traceability Catalysts
Sep 25Matthews International: Perennial Dividend Raiser To Benefit From EV And E-Commerce Growth
Aug 29Matthews International (NASDAQ:MATW) Will Pay A Dividend Of $0.22
Jul 31Is Matthews International Corporation (NASDAQ:MATW) Trading At A 45% Discount?
Jun 20Matthews International Corporation: Patience Should Pay Off
May 27Matthews International (NASDAQ:MATW) Could Be Struggling To Allocate Capital
Apr 12We Think Matthews International Corporation's (NASDAQ:MATW) CEO Compensation Package Needs To Be Put Under A Microscope
Feb 11Matthews International (NASDAQ:MATW) Has Announced A Dividend Of US$0.22
Feb 01Matthews International - Backbone Of Tesla's Battery Gigafactory
Jan 13Matthews International Corporation's (NASDAQ:MATW) Intrinsic Value Is Potentially 52% Above Its Share Price
Dec 28Financial Position Analysis
Short Term Liabilities: MATW's short term assets ($642.1M) exceed its short term liabilities ($386.2M).
Long Term Liabilities: MATW's short term assets ($642.1M) do not cover its long term liabilities ($972.0M).
Debt to Equity History and Analysis
Debt Level: MATW's net debt to equity ratio (153%) is considered high.
Reducing Debt: MATW's debt to equity ratio has increased from 115% to 161.6% over the past 5 years.
Debt Coverage: MATW's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: MATW's interest payments on its debt are not well covered by EBIT (1.6x coverage).