Mistras Group Balance Sheet Health
Financial Health criteria checks 2/6
Mistras Group has a total shareholder equity of $190.5M and total debt of $190.4M, which brings its debt-to-equity ratio to 99.9%. Its total assets and total liabilities are $534.8M and $344.3M respectively. Mistras Group's EBIT is $25.2M making its interest coverage ratio 1.5. It has cash and short-term investments of $17.6M.
Key information
99.9%
Debt to equity ratio
US$190.40m
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$17.65m |
| Equity | US$190.50m |
| Total liabilities | US$344.27m |
| Total assets | US$534.78m |
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 27Is Mistras Group (NYSE:MG) Using Too Much Debt?
Aug 19Is Mistras Group (NYSE:MG) A Risky Investment?
Mar 12Recent updates
Mistras 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 27Estimating The Intrinsic Value Of Mistras Group, Inc. (NYSE:MG)
Nov 02Capital Allocation Trends At Mistras Group (NYSE:MG) Aren't Ideal
Sep 08Is Mistras Group (NYSE:MG) Using Too Much Debt?
Aug 19Should Shareholders Reconsider Mistras Group, Inc.'s (NYSE:MG) CEO Compensation Package?
May 18Mistras EPS misses by $0.06, beats on revenue
May 05Calculating The Intrinsic Value Of Mistras Group, Inc. (NYSE:MG)
May 05Some Investors May Be Worried About Mistras Group's (NYSE:MG) Returns On Capital
Mar 30Is Mistras Group (NYSE:MG) A Risky Investment?
Mar 12Should You Take Comfort From Insider Transactions At Mistras Group, Inc. (NYSE:MG)?
Feb 23A Look At Mistras Group's (NYSE:MG) Share Price Returns
Feb 05Financial Position Analysis
Short Term Liabilities: MG's short term assets ($180.4M) exceed its short term liabilities ($116.5M).
Long Term Liabilities: MG's short term assets ($180.4M) do not cover its long term liabilities ($227.8M).
Debt to Equity History and Analysis
Debt Level: MG's net debt to equity ratio (90.7%) is considered high.
Reducing Debt: MG's debt to equity ratio has reduced from 107.2% to 99.9% over the past 5 years.
Debt Coverage: MG's debt is not well covered by operating cash flow (14%).
Interest Coverage: MG's interest payments on its debt are not well covered by EBIT (1.5x coverage).