MSA Safety Balance Sheet Health
Financial Health criteria checks 3/6
MSA Safety has a total shareholder equity of $838.1M and total debt of $623.2M, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are $2.4B and $1.6B respectively. MSA Safety's EBIT is $269.1M making its interest coverage ratio 23.2. It has cash and short-term investments of $168.9M.
Key information
74.4%
Debt to equity ratio
US$623.21m
Debt
Interest coverage ratio | 23.2x |
Cash | US$168.90m |
Equity | US$838.07m |
Total liabilities | US$1.57b |
Total assets | US$2.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNES.P's short term assets ($844.5M) exceed its short term liabilities ($336.3M).
Long Term Liabilities: MNES.P's short term assets ($844.5M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: MNES.P's net debt to equity ratio (54.2%) is considered high.
Reducing Debt: MNES.P's debt to equity ratio has increased from 45.1% to 74.4% over the past 5 years.
Debt Coverage: MNES.P's debt is well covered by operating cash flow (24.9%).
Interest Coverage: MNES.P's interest payments on its debt are well covered by EBIT (23.2x coverage).