Manhattan Bridge Capital Balance Sheet Health
Financial Health criteria checks 2/6
Manhattan Bridge Capital has a total shareholder equity of $43.1M and total debt of $29.3M, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are $74.8M and $31.7M respectively.
Key information
68.0%
Debt to equity ratio
US$29.30m
Debt
| Interest coverage ratio | n/a |
| Cash | US$87.10k |
| Equity | US$43.09m |
| Total liabilities | US$31.74m |
| Total assets | US$74.83m |
Recent financial health updates
No updates
Recent updates
Manhattan Bridge Capital declares $0.125 dividend
Jul 28Manhattan Bridge Capital GAAP EPS of $0.12 in-line, revenue of $2.12M
Jul 22Manhattan Bridge Offers An 8% Yield If You Can Handle The Risk
Jun 24Manhattan Bridge Is Well Positioned To Grow Under Higher Interest Rates
Jan 27Why We Think Manhattan Bridge Capital, Inc.'s (NASDAQ:LOAN) CEO Compensation Is Not Excessive At All
Jun 15
Manhattan Bridge Capital (NASDAQ:LOAN) Has Compensated Shareholders With A Respectable 90% Return On Their Investment
Feb 10How Much Did Manhattan Bridge Capital's (NASDAQ:LOAN) CEO Pocket Last Year?
Dec 19
Financial Position Analysis
Short Term Liabilities: LOAN's short term assets ($74.5M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: LOAN's short term assets ($74.5M) exceed its long term liabilities ($29.5M).
Debt to Equity History and Analysis
Debt Level: LOAN's net debt to equity ratio (67.8%) is considered high.
Reducing Debt: LOAN's debt to equity ratio has increased from 65.9% to 68% over the past 5 years.
Debt Coverage: LOAN's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: Insufficient data to determine if LOAN's interest payments on its debt are well covered by EBIT.