Montrose Environmental Group Balance Sheet Health
Financial Health criteria checks 3/6
Montrose Environmental Group has a total shareholder equity of $417.4M and total debt of $297.7M, which brings its debt-to-equity ratio to 71.3%. Its total assets and total liabilities are $918.1M and $500.7M respectively.
Key information
71.3%
Debt to equity ratio
US$297.66m
Debt
Interest coverage ratio | n/a |
Cash | US$11.24m |
Equity | US$417.40m |
Total liabilities | US$500.70m |
Total assets | US$918.10m |
Recent financial health updates
Recent updates
Is 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 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 11Financial Position Analysis
Short Term Liabilities: MEG's short term assets ($204.4M) exceed its short term liabilities ($125.5M).
Long Term Liabilities: MEG's short term assets ($204.4M) do not cover its long term liabilities ($375.2M).
Debt to Equity History and Analysis
Debt Level: MEG's net debt to equity ratio (68.6%) is considered high.
Reducing Debt: MEG's debt to equity ratio has reduced from 77.8% to 71.3% 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 sufficient cash runway for more than a year 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.