Mistras Group Balance Sheet Health
Financial Health criteria checks 3/6
Mistras Group has a total shareholder equity of $205.5M and total debt of $189.7M, which brings its debt-to-equity ratio to 92.3%. Its total assets and total liabilities are $551.7M and $346.1M respectively. Mistras Group's EBIT is $40.7M making its interest coverage ratio 2.3. It has cash and short-term investments of $20.4M.
Key information
92.3%
Debt to equity ratio
US$189.70m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$20.36m |
| Equity | US$205.54m |
| Total liabilities | US$346.14m |
| Total assets | US$551.68m |
Recent financial health updates
These 4 Measures Indicate That Mistras Group (NYSE:MG) Is Using Debt Reasonably Well
Nov 06
Is Mistras Group (NYSE:MG) A Risky Investment?
Mar 26These 4 Measures Indicate That Mistras Group (NYSE:MG) Is Using Debt Extensively
Oct 22Mistras Group (NYSE:MG) Has A Somewhat Strained Balance Sheet
Mar 27Recent updates
Statutory Profit Doesn't Reflect How Good Mistras Group's (NYSE:MG) Earnings Are
Nov 12Earnings Miss: Mistras Group, Inc. Missed EPS By 25% And Analysts Are Revising Their Forecasts
Nov 07Little Excitement Around Mistras Group, Inc.'s (NYSE:MG) Revenues As Shares Take 26% Pounding
Nov 05Investors Will Want Mistras Group's (NYSE:MG) Growth In ROCE To Persist
Oct 18Mistras Group, Inc. (NYSE:MG) Shares Fly 27% But Investors Aren't Buying For Growth
Jul 26Mistras Group's (NYSE:MG) Returns On Capital Are Heading Higher
Jul 13Mistras Group: Trading Cheaply With Scope For Upside
Dec 27Mistras Group: Not A Buy Right Now
Dec 03These 4 Measures Indicate That Mistras Group (NYSE:MG) Is Using Debt Reasonably Well
Nov 06Mistras Group (NYSE:MG) May Have Issues Allocating Its Capital
Oct 10Mistras Group Is Starting To Look Cheap After Recent Selloff (Rating Upgrade)
Sep 13Here's Why Mistras Group (NYSE:MG) Has Caught The Eye Of Investors
May 05Is Mistras Group (NYSE:MG) A Risky Investment?
Mar 26MISTRAS COO Wolk steps down, company to undertake operational review
Feb 08Mistras Group Is On The Road To Recovery
Jan 24These 4 Measures Indicate That Mistras Group (NYSE:MG) Is Using Debt Extensively
Oct 22Is It Too Late To Consider Buying Mistras Group, Inc. (NYSE:MG)?
Aug 19Mistras Group, Inc. (NYSE:MG) Shares Could Be 43% Below Their Intrinsic Value Estimate
May 12Mistras Group (NYSE:MG) Has A Somewhat Strained Balance Sheet
Mar 27Financial Position Analysis
Short Term Liabilities: MG's short term assets ($193.3M) exceed its short term liabilities ($115.2M).
Long Term Liabilities: MG's short term assets ($193.3M) do not cover its long term liabilities ($231.0M).
Debt to Equity History and Analysis
Debt Level: MG's net debt to equity ratio (82.4%) is considered high.
Reducing Debt: MG's debt to equity ratio has reduced from 96% to 92.3% over the past 5 years.
Debt Coverage: MG's debt is well covered by operating cash flow (21.4%).
Interest Coverage: MG's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 15:39 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mistras Group, Inc. is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Wittmann | Baird |
| Andrew Obin | BofA Global Research |
| Alfred Moore | Canaccord Genuity |