Montrose Environmental Group Balance Sheet Health
Financial Health criteria checks 5/6
Montrose Environmental Group has a total shareholder equity of $474.2M and total debt of $163.2M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are $816.8M and $342.6M respectively.
Key information
34.4%
Debt to equity ratio
US$163.18m
Debt
| Interest coverage ratio | n/a |
| Cash | US$25.00m |
| Equity | US$474.18m |
| Total liabilities | US$342.61m |
| Total assets | US$816.79m |
Recent financial health updates
Recent updates
Montrose Environmental Group, Inc.'s (NYSE:MEG) Intrinsic Value Is Potentially 68% Above Its Share Price
Apr 02
Montrose Environmental Group, Inc. (NYSE:MEG) Analysts Are Pretty Bullish On The Stock After Recent Results
Mar 03Is Montrose Environmental Group (NYSE:MEG) Using Too Much Debt?
Feb 23Unpleasant Surprises Could Be In Store For Montrose Environmental Group, Inc.'s (NYSE:MEG) Shares
Jan 23When Should You Buy Montrose Environmental Group, Inc. (NYSE:MEG)?
Oct 26Are Montrose Environmental Group, Inc. (NYSE:MEG) Investors Paying Above The Intrinsic Value?
Oct 03Is It Time To Consider Buying Montrose Environmental Group, Inc. (NYSE:MEG)?
Jul 14Montrose Environmental: M&A Activities Picking Up, May Drive Growth
Jun 27A Look At The Fair Value Of Montrose Environmental Group, Inc. (NYSE:MEG)
May 17When Should You Buy Montrose Environmental Group, Inc. (NYSE:MEG)?
Mar 09A Look At The Intrinsic Value Of Montrose Environmental Group, Inc. (NYSE:MEG)
Jan 25Montrose Environmental: Attractive Business Model That Is Insulated From Economic Cycles
Jan 22Montrose Environmental acquires Huco Consulting; terms not disclosed
Dec 12Is There Now An Opportunity In Montrose Environmental Group, Inc. (NYSE:MEG)?
Dec 02Montrose Environmental Group, Inc. (NYSE:MEG) Shares Could Be 46% Below Their Intrinsic Value Estimate
Oct 05Montrose Environmental acquires emissions testing services firm AirKinetics
Sep 06Montrose acquires TriAD Environmental Consultants; terms undisclosed
Aug 04At US$37.60, Is Montrose Environmental Group, Inc. (NYSE:MEG) Worth Looking At Closely?
Jul 26Montrose Environmental Group: Fairly Valued At Best
Jun 27Are Investors Undervaluing Montrose Environmental Group, Inc. (NYSE:MEG) By 47%?
Jun 19Montrose Environmental Group (NYSE:MEG) Shareholders Will Want The ROCE Trajectory To Continue
Jun 01Montrose Environmental Group, Inc. (NYSE:MEG) Just Reported, And Analysts Assigned A US$60.00 Price Target
May 11Calculating The Intrinsic Value Of Montrose Environmental Group, Inc. (NYSE:MEG)
Mar 08Financial Position Analysis
Short Term Liabilities: MEG's short term assets ($200.9M) exceed its short term liabilities ($126.3M).
Long Term Liabilities: MEG's short term assets ($200.9M) do not cover its long term liabilities ($216.3M).
Debt to Equity History and Analysis
Debt Level: MEG's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: MEG's debt to equity ratio has reduced from 59.3% to 34.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MEG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MEG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 44% per year.