Mama's Creations Balance Sheet Health
Financial Health criteria checks 6/6
Mama's Creations has a total shareholder equity of $19.6M and total debt of $8.7M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are $45.1M and $25.5M respectively. Mama's Creations's EBIT is $8.9M making its interest coverage ratio 15.6. It has cash and short-term investments of $11.0M.
Key information
44.5%
Debt to equity ratio
US$8.72m
Debt
| Interest coverage ratio | 15.6x |
| Cash | US$11.02m |
| Equity | US$19.58m |
| Total liabilities | US$25.52m |
| Total assets | US$45.10m |
Recent financial health updates
Recent updates
Mama's Creations: Profitable Growth Has More Upside In 2024
Apr 26Mama's Creations, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 26
Mama's Creations, Inc.'s (NASDAQ:MAMA) 27% Jump Shows Its Popularity With Investors
Jan 07When Should You Buy Mama's Creations, Inc. (NASDAQ:MAMA)?
Nov 01Does Mama's Creations (NASDAQ:MAMA) Have A Healthy Balance Sheet?
Oct 03Why You Should Care About Mama's Creations' (NASDAQ:MAMA) Strong Returns On Capital
Sep 15MamaMancini Profitability Is Falling And Faces Liquidity Risk (+Company CEO Interview)
Oct 12MamaMancini’s appoints Anthony J. Gruber as CFO
Sep 12MamaMancin to acquire 24% in Chef Inspirational Food for $1.2M
Jun 30MamaMancini's Price Fell, But Fundamentals Also Deteriorated
May 30MamaMancini Is Worth Keeping An Eye On, But Not Buying
Jan 19MamaMancini's CEO Carl Wolf - Navigating Price Increases (Video)
Nov 04MamaMancini's: An Undervalued Microcap Gem
Oct 20MamaMancini's: Healthy Growth Story
Sep 28Financial Position Analysis
Short Term Liabilities: MAMA's short term assets ($23.6M) exceed its short term liabilities ($16.7M).
Long Term Liabilities: MAMA's short term assets ($23.6M) exceed its long term liabilities ($8.8M).
Debt to Equity History and Analysis
Debt Level: MAMA has more cash than its total debt.
Reducing Debt: MAMA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MAMA's debt is well covered by operating cash flow (133.3%).
Interest Coverage: MAMA's interest payments on its debt are well covered by EBIT (15.6x coverage).