MasterCraft Boat Holdings Balance Sheet Health
Financial Health criteria checks 6/6
MasterCraft Boat Holdings has a total shareholder equity of $197.1M and total debt of $50.4M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are $340.9M and $143.8M respectively. MasterCraft Boat Holdings's EBIT is $50.5M making its interest coverage ratio -22. It has cash and short-term investments of $105.7M.
Key information
25.5%
Debt to equity ratio
US$50.35m
Debt
Interest coverage ratio | -22x |
Cash | US$105.69m |
Equity | US$197.10m |
Total liabilities | US$143.78m |
Total assets | US$340.88m |
Recent financial health updates
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 25We Think MasterCraft Boat Holdings (NASDAQ:MCFT) Is Taking Some Risk With Its Debt
Jan 28Recent updates
MasterCraft: 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 25MasterCraft Boat Holdings (NASDAQ:MCFT) Is Reinvesting To Multiply In Value
May 04Is There An Opportunity With MasterCraft Boat Holdings, Inc.'s (NASDAQ:MCFT) 21% Undervaluation?
Mar 05What Kind Of Investors Own Most Of MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT)?
Feb 15We Think MasterCraft Boat Holdings (NASDAQ:MCFT) Is Taking Some Risk With Its Debt
Jan 28Financial Position Analysis
Short Term Liabilities: MCFT's short term assets ($175.0M) exceed its short term liabilities ($86.8M).
Long Term Liabilities: MCFT's short term assets ($175.0M) exceed its long term liabilities ($57.0M).
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 153.8% to 25.5% over the past 5 years.
Debt Coverage: MCFT's debt is well covered by operating cash flow (102.4%).
Interest Coverage: MCFT earns more interest than it pays, so coverage of interest payments is not a concern.