Marine Products Balance Sheet Health
Financial Health criteria checks 6/6
Marine Products has a total shareholder equity of $151.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $193.8M and $42.2M respectively. Marine Products's EBIT is $49.6M making its interest coverage ratio -17.3. It has cash and short-term investments of $72.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -17.3x |
Cash | US$71.95m |
Equity | US$151.59m |
Total liabilities | US$42.21m |
Total assets | US$193.80m |
Recent financial health updates
No updates
Recent updates
There Are Reasons To Feel Uneasy About Marine Products' (NYSE:MPX) Returns On Capital
Feb 13Marine Products: Quiet Compounder And Potential M&A Target
Jan 08Improved Earnings Required Before Marine Products Corporation (NYSE:MPX) Stock's 25% Jump Looks Justified
Dec 27Marine Products: Expecting A Storm Ahead
Dec 16Marine Products: Good Long-Term Prospects, But Risks Outweigh Rewards In The Near Term
Oct 10Marine Products: Strong Financial Metrics, Moderate Revenue Growth
Sep 07Is It Time To Consider Buying Marine Products Corporation (NYSE:MPX)?
Sep 01Shareholders Are Optimistic That Marine Products (NYSE:MPX) Will Multiply In Value
Aug 14Marine Products Corporation: Still Strong Trends And Upside Potential
Jun 22Is Now The Time To Put Marine Products (NYSE:MPX) On Your Watchlist?
Jun 09Marine Products (NYSE:MPX) Is Reinvesting To Multiply In Value
May 02Marine Products declares $0.14 dividend
Jan 25Marine Products Corporation: A Microcap Gem
Dec 20Marine Products Is A Cash Cow
Nov 07Marine Products raises dividend by ~17% to $0.14
Oct 26Calculating The Fair Value Of Marine Products Corporation (NYSE:MPX)
Sep 15Marine Products Stock: Shares Still Offer Upside, But They Aren't The Best Out There
Aug 16Marine Products (NYSE:MPX) Has Affirmed Its Dividend Of $0.12
Jul 30Marine Products GAAP EPS of $0.29, revenue of $95.8M
Jul 27Shareholders Are Optimistic That Marine Products (NYSE:MPX) Will Multiply In Value
Jul 20A Look At The Intrinsic Value Of Marine Products Corporation (NYSE:MPX)
Jun 13A Look Into Marine Products' (NYSE:MPX) Impressive Returns On Capital
Apr 18Marine Products Stock: Still A Solid Prospect, But Not A Great Prospect
Apr 033 Reasons That The Tide Is Turning For Marine Products
Dec 04Marine Products (NYSE:MPX) Will Pay A Dividend Of US$0.12
Oct 30Marine Products Stock: Boating To Profits
Sep 20Marine Products (NYSE:MPX) Will Pay A Larger Dividend Than Last Year At US$0.12
Jul 31Calculating The Fair Value Of Marine Products Corporation (NYSE:MPX)
Jun 21Marine Products raises dividend by 20% to $0.12 per share
Apr 28This Is Why Marine Products Corporation's (NYSE:MPX) CEO Compensation Looks Appropriate
Apr 21Marine Products (NYSE:MPX) Hasn't Managed To Accelerate Its Returns
Mar 30Is Marine Products Corporation (NYSE:MPX) A Smart Pick For Income Investors?
Mar 09A Look At The Intrinsic Value Of Marine Products Corporation (NYSE:MPX)
Feb 19Marine Products Corporation (NYSE:MPX) Looks Interesting, And It's About To Pay A Dividend
Feb 04Marine Products Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jan 29Financial Position Analysis
Short Term Liabilities: MPX's short term assets ($139.2M) exceed its short term liabilities ($22.6M).
Long Term Liabilities: MPX's short term assets ($139.2M) exceed its long term liabilities ($19.6M).
Debt to Equity History and Analysis
Debt Level: MPX is debt free.
Reducing Debt: MPX has not had any debt for past 5 years.
Debt Coverage: MPX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MPX has no debt, therefore coverage of interest payments is not a concern.