Montrose Environmental Group Balance Sheet Health
Financial Health criteria checks 2/6
Montrose Environmental Group has a total shareholder equity of $542.1M and total debt of $249.8M, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are $1.0B and $464.8M respectively.
Key information
46.1%
Debt to equity ratio
US$249.76m
Debt
| Interest coverage ratio | n/a |
| Cash | US$14.50m |
| Equity | US$542.12m |
| Total liabilities | US$464.77m |
| Total assets | US$1.01b |
Recent financial health updates
Here's Why Montrose Environmental Group (NYSE:MEG) Can Afford Some Debt
Oct 01
Is Montrose Environmental Group (NYSE:MEG) Using Too Much Debt?
Feb 23Recent updates
Montrose Environmental Group, Inc. (NYSE:MEG) Might Not Be As Mispriced As It Looks After Plunging 27%
Oct 08Here's Why Montrose Environmental Group (NYSE:MEG) Can Afford Some Debt
Oct 01Some Montrose Environmental Group, Inc. (NYSE:MEG) Shareholders Look For Exit As Shares Take 33% Pounding
Aug 06Is Montrose Environmental Group, Inc. (NYSE:MEG) Trading At A 46% Discount?
Jul 18Montrose Environmental Group, Inc.'s (NYSE:MEG) Share Price Could Signal Some Risk
Jun 22We Think The Compensation For Montrose Environmental Group, Inc.'s (NYSE:MEG) CEO Looks About Right
May 01Montrose Environmental Group, Inc.'s (NYSE:MEG) Intrinsic Value Is Potentially 68% Above Its Share Price
Apr 02Montrose 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 26Financial Position Analysis
Short Term Liabilities: MEG's short term assets ($246.9M) exceed its short term liabilities ($128.2M).
Long Term Liabilities: MEG's short term assets ($246.9M) do not cover its long term liabilities ($336.5M).
Debt to Equity History and Analysis
Debt Level: MEG's net debt to equity ratio (43.4%) is considered high.
Reducing Debt: MEG's debt to equity ratio has reduced from 118.9% to 46.1% 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: MEG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MEG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.