MarketWise Balance Sheet Health
Financial Health criteria checks 3/6
MarketWise has a total shareholder equity of $-264.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $315.3M and $579.3M respectively. MarketWise's EBIT is $58.7M making its interest coverage ratio -9.2. It has cash and short-term investments of $109.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -9.2x |
| Cash | US$109.34m |
| Equity | -US$263.95m |
| Total liabilities | US$579.26m |
| Total assets | US$315.31m |
Recent financial health updates
Recent updates
MarketWise Is A Mess: Tread Cautiously
Aug 12MarketWise: A Wise Investment Right Now
Apr 26MarketWise major shareholder Frank Stansberry buys $832K in common stock
Sep 12MarketWise reports Q2 results
Aug 08MarketWise: Customer Monetization Is An Issue
May 28MarketWise: No Longer Enjoying The SaaS Treatment
Feb 27MarketWise Stock Could Provide Significant Upside In The Next Year
Aug 04Financial Position Analysis
Short Term Liabilities: MKTW has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MKTW has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MKTW is debt free.
Reducing Debt: MKTW's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MKTW has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MKTW has no debt, therefore coverage of interest payments is not a concern.