Matthews International Balance Sheet Health
Financial Health criteria checks 1/6
Matthews International has a total shareholder equity of $509.3M and total debt of $826.7M, which brings its debt-to-equity ratio to 162.3%. Its total assets and total liabilities are $1.9B and $1.4B respectively. Matthews International's EBIT is $89.1M making its interest coverage ratio 1.9. It has cash and short-term investments of $46.0M.
Key information
162.3%
Debt to equity ratio
US$826.74m
Debt
Interest coverage ratio | 1.9x |
Cash | US$45.97m |
Equity | US$509.35m |
Total liabilities | US$1.38b |
Total assets | US$1.89b |
Recent financial health updates
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 26Is Matthews International (NASDAQ:MATW) A Risky Investment?
Dec 09Does Matthews International (NASDAQ:MATW) Have A Healthy Balance Sheet?
Mar 11Recent updates
Matthews 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 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 11Financial Position Analysis
Short Term Liabilities: MATW's short term assets ($654.0M) exceed its short term liabilities ($358.8M).
Long Term Liabilities: MATW's short term assets ($654.0M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: MATW's net debt to equity ratio (153.3%) is considered high.
Reducing Debt: MATW's debt to equity ratio has increased from 114.6% to 162.3% over the past 5 years.
Debt Coverage: MATW's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: MATW's interest payments on its debt are not well covered by EBIT (1.9x coverage).