Matthews International Balance Sheet Health
Financial Health criteria checks 1/6
Matthews International has a total shareholder equity of $508.8M and total debt of $849.7M, which brings its debt-to-equity ratio to 167%. Its total assets and total liabilities are $1.9B and $1.4B respectively. Matthews International's EBIT is $93.9M making its interest coverage ratio 2. It has cash and short-term investments of $38.1M.
Key information
167.0%
Debt to equity ratio
US$849.72m
Debt
| Interest coverage ratio | 2x |
| Cash | US$38.05m |
| Equity | US$508.81m |
| Total liabilities | US$1.39b |
| Total assets | US$1.90b |
Recent financial health updates
We Think Matthews International (NASDAQ:MATW) Is Taking Some Risk With Its Debt
Mar 30
Does 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 26Is Matthews International (NASDAQ:MATW) A Risky Investment?
Dec 09Does Matthews International (NASDAQ:MATW) Have A Healthy Balance Sheet?
Mar 11Recent updates
The 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 28Is Matthews International (NASDAQ:MATW) A Risky Investment?
Dec 09At US$36.24, Is It Time To Put Matthews International Corporation (NASDAQ:MATW) On Your Watch List?
Nov 22Matthews International Corporation: A Very Good Opportunity For Long-Term Oriented Dividend Growth Investors
Sep 16Matthews International Corporation (NASDAQ:MATW) Shares Could Be 47% Below Their Intrinsic Value Estimate
Sep 16Matthews International: An Opportunity To Die For
Jun 29Matthews International (NASDAQ:MATW) Hasn't Managed To Accelerate Its Returns
May 29The Strong Earnings Posted By Matthews International (NASDAQ:MATW) Are A Good Indication Of The Strength Of The Business
May 08Matthews International Corporation 2021 Q2 - Results - Earnings Call Presentation
May 04Matthews declares $0.215 dividend
Apr 28Is Matthews International Corporation (NASDAQ:MATW) A Great Dividend Stock?
Apr 19Have Matthews International Corporation (NASDAQ:MATW) Insiders Been Selling Their Stock?
Mar 13Does Matthews International (NASDAQ:MATW) Have A Healthy Balance Sheet?
Mar 11How Much Is Matthews International Corporation (NASDAQ:MATW) Paying Its CEO?
Feb 22Matthews International Corporation 2021 Q1 - Results - Earnings Call Presentation
Jan 29Financial Position Analysis
Short Term Liabilities: MATW's short term assets ($658.1M) exceed its short term liabilities ($349.2M).
Long Term Liabilities: MATW's short term assets ($658.1M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: MATW's net debt to equity ratio (159.5%) is considered high.
Reducing Debt: MATW's debt to equity ratio has increased from 115.8% to 167% over the past 5 years.
Debt Coverage: MATW's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: MATW's interest payments on its debt are not well covered by EBIT (2x coverage).