Martin Midstream Partners Balance Sheet Health
Financial Health criteria checks 0/6
Martin Midstream Partners has a total shareholder equity of $-71.6M and total debt of $451.4M, which brings its debt-to-equity ratio to -630.3%. Its total assets and total liabilities are $533.4M and $605.0M respectively. Martin Midstream Partners's EBIT is $51.9M making its interest coverage ratio 0.9. It has cash and short-term investments of $52.0K.
Key information
-630.27%
Debt to equity ratio
US$451.45m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$52.00k |
| Equity | -US$71.63m |
| Total liabilities | US$605.04m |
| Total assets | US$533.41m |
Recent financial health updates
No updates
Recent updates
Martin Midstream Partners: Decent Q1 Results, But Continued Debt Reduction Needed
Jun 20Martin Midstream Partners LP: Better Opportunities Elsewhere
Jan 04
Marine Transportation And Sulfur Services Fuel Revenue Growth Amid Challenges
Higher inland day rates in Marine Transportation and strong sulfur volumes suggest potential for stable or improved revenue and cash flow.Martin Midstream Partners: Increased Bid Likely Needed From Martin Resource Management
Sep 04Martin Midstream Partners Receives A Non-Binding Offer At $3.05 Per Unit
May 28Martin Midstream Partners: 2024 Is Expected To Be An Investment Year
Apr 04Martin Midstream Partners declares $0.005 dividend
Oct 19Martin Midstream Partners sells Stockton Sulfur Terminal
Oct 10Martin Midstream Partners: Significant Upside With A Successful Debt Refinancing
Sep 16Martin Midstream Partners reports Q2 results, raises 2022 adj. EBITDA guidance
Jul 20Martin Midstream Partners: Buy Before Their Distributions Surge Higher
Jul 13Martin Midstream Partners: A Potential Double Over The Next 3 Years
Jun 29Martin Midstream Partners: Improving Finances But Debt Still A Concern
Apr 21Martin Midstream Partners: Don't Follow The Leader
Mar 07Martin Midstream Partners: Continuing To Chip Away At Its Debt
Feb 17Martin Midstream Partners: Solid Recent Performance, But Distribution Increase Remains Unlikely Until 2024
Nov 27Martin Midstream Partners: Green Shoots Emerging, Recovery Starting
Sep 23Martin Midstream Partners: Solid Improvements, Now A Waiting Game For Multibagger Returns
Jun 29Financial Position Analysis
Short Term Liabilities: MMLP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MMLP 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: MMLP has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MMLP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MMLP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MMLP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.2% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/22 01:28 |
| End of Day Share Price | 2025/06/20 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Martin Midstream Partners L.P. is covered by 13 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ethan Bellamy | Baird |
| Robert Balsamo | B. Riley Securities, Inc. |
| Kyle May | Capital One Securities, Inc. |