MasterCraft Boat Holdings Balance Sheet Health
Financial Health criteria checks 6/6
MasterCraft Boat Holdings has a total shareholder equity of $175.6M and total debt of $49.5M, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are $309.1M and $133.5M respectively. MasterCraft Boat Holdings's EBIT is $9.6M making its interest coverage ratio -4.3. It has cash and short-term investments of $82.8M.
Key information
28.2%
Debt to equity ratio
US$49.50m
Debt
| Interest coverage ratio | -4.3x |
| Cash | US$82.81m |
| Equity | US$175.65m |
| Total liabilities | US$133.50m |
| Total assets | US$309.15m |
Recent financial health updates
These 4 Measures Indicate That MasterCraft Boat Holdings (NASDAQ:MCFT) Is Using Debt Reasonably Well
Aug 07
Is MasterCraft Boat Holdings (NASDAQ:MCFT) Using Too Much Debt?
Jun 08Does MasterCraft Boat Holdings (NASDAQ:MCFT) Have A Healthy Balance Sheet?
Sep 02MasterCraft Boat Holdings (NASDAQ:MCFT) Seems To Use Debt Quite Sensibly
May 25These 4 Measures Indicate That MasterCraft Boat Holdings (NASDAQ:MCFT) Is Using Debt Reasonably Well
Dec 31MasterCraft Boat Holdings (NASDAQ:MCFT) Has A Pretty Healthy Balance Sheet
May 25Recent updates
Subdued Growth No Barrier To MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) With Shares Advancing 26%
Nov 22MasterCraft Boat: Cheap Manufacturer After Selling Assets And CEO Change
Sep 26There May Be Reason For Hope In MasterCraft Boat Holdings' (NASDAQ:MCFT) Disappointing Earnings
Sep 06MasterCraft Expects A Very Cautious FY2025
Aug 31These 4 Measures Indicate That MasterCraft Boat Holdings (NASDAQ:MCFT) Is Using Debt Reasonably Well
Aug 07MasterCraft: Cloudy Industry Outlook Makes Stock Even Cheaper
Jul 08MasterCraft Boat: A Chance To Buy This Small Cap At Potential Cyclical Lows
Apr 29When Should You Buy MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT)?
Mar 22MasterCraft: Priced With Too Much Caution
Jan 22MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Analysts Are More Bearish Than They Used To Be
Sep 02Investors Shouldn't Overlook The Favourable Returns On Capital At MasterCraft Boat Holdings (NASDAQ:MCFT)
Aug 31Is There Now An Opportunity In MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT)?
Aug 07Is MasterCraft Boat Holdings (NASDAQ:MCFT) Using Too Much Debt?
Jun 08At US$30.82, Is MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Worth Looking At Closely?
Feb 03The Compensation For MasterCraft Boat Holdings, Inc.'s (NASDAQ:MCFT) CEO Looks Deserved And Here's Why
Oct 19MasterCraft Boat: Strong Potential Upside With Operational Flexibility
Oct 19MasterCraft Boat Holdings: Still An Attractive Prospect
Sep 14These Analysts Think MasterCraft Boat Holdings, Inc.'s (NASDAQ:MCFT) Sales Are Under Threat
Sep 09MasterCraft Boat Q4 2022 Earnings Preview
Sep 07Does MasterCraft Boat Holdings (NASDAQ:MCFT) Have A Healthy Balance Sheet?
Sep 02MasterCraft: Better Guidance For 2022 And New Engines Announced For 2023
Jun 28MasterCraft Boat Holdings (NASDAQ:MCFT) Seems To Use Debt Quite Sensibly
May 25MasterCraft Boat: A Smooth-Sailing Journey To Rebound And Sustainability
Apr 24MasterCraft Boat: A Breakdown In Shares With Rougher Seas Ahead
Apr 06MasterCraft Boat Holdings: An Attractive Opportunity For Boating Bulls
Jan 25These 4 Measures Indicate That MasterCraft Boat Holdings (NASDAQ:MCFT) Is Using Debt Reasonably Well
Dec 31MasterCraft Boat: Positive Economics Driven By Positive Market Dynamics
Sep 24Returns On Capital Are A Standout For MasterCraft Boat Holdings (NASDAQ:MCFT)
Aug 19MasterCraft: Grow, Grow, Grow Your Boat
Jun 28MasterCraft Boat Holdings (NASDAQ:MCFT) Has A Pretty Healthy Balance Sheet
May 25Financial Position Analysis
Short Term Liabilities: MCFT's short term assets ($146.4M) exceed its short term liabilities ($73.0M).
Long Term Liabilities: MCFT's short term assets ($146.4M) exceed its long term liabilities ($60.5M).
Debt to Equity History and Analysis
Debt Level: MCFT has more cash than its total debt.
Reducing Debt: MCFT's debt to equity ratio has reduced from 140.4% to 28.2% over the past 5 years.
Debt Coverage: MCFT's debt is well covered by operating cash flow (48.5%).
Interest Coverage: MCFT earns more interest than it pays, so coverage of interest payments is not a concern.