Maiden Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Maiden Holdings has a total shareholder equity of $327.4M and total debt of $255.5M, which brings its debt-to-equity ratio to 78%. Its total assets and total liabilities are $2.0B and $1.7B respectively. Maiden Holdings's EBIT is $2.1M making its interest coverage ratio 0.1. It has cash and short-term investments of $24.4M.
Key information
78.0%
Debt to equity ratio
US$255.52m
Debt
Interest coverage ratio | 0.1x |
Cash | US$24.38m |
Equity | US$327.39m |
Total liabilities | US$1.66b |
Total assets | US$1.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MH.PRC's short term assets ($1.2B) exceed its short term liabilities ($221.0M).
Long Term Liabilities: MH.PRC's short term assets ($1.2B) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: MH.PRC's net debt to equity ratio (70.6%) is considered high.
Reducing Debt: MH.PRC's debt to equity ratio has increased from 17.9% to 78% over the past 5 years.
Debt Coverage: MH.PRC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MH.PRC's interest payments on its debt are not well covered by EBIT (0.1x coverage).