MHP Balance Sheet Health
Financial Health criteria checks 2/6
MHP has a total shareholder equity of $1.6B and total debt of $1.6B, which brings its debt-to-equity ratio to 103.3%. Its total assets and total liabilities are $3.9B and $2.3B respectively. MHP's EBIT is $359.0M making its interest coverage ratio 2.5. It has cash and short-term investments of $307.7M.
Key information
103.3%
Debt to equity ratio
US$1.63b
Debt
Interest coverage ratio | 2.5x |
Cash | US$307.69m |
Equity | US$1.58b |
Total liabilities | US$2.34b |
Total assets | US$3.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHPS.Y's short term assets ($1.6B) exceed its short term liabilities ($565.4M).
Long Term Liabilities: MHPS.Y's short term assets ($1.6B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: MHPS.Y's net debt to equity ratio (83.8%) is considered high.
Reducing Debt: MHPS.Y's debt to equity ratio has reduced from 176.2% to 103.3% over the past 5 years.
Debt Coverage: MHPS.Y's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: MHPS.Y's interest payments on its debt are not well covered by EBIT (2.5x coverage).