Marsh & McLennan Companies Balance Sheet Health
Financial Health criteria checks 4/6
Marsh & McLennan Companies has a total shareholder equity of $12.4B and total debt of $13.5B, which brings its debt-to-equity ratio to 108.8%. Its total assets and total liabilities are $48.0B and $35.7B respectively. Marsh & McLennan Companies's EBIT is $5.9B making its interest coverage ratio 11.9. It has cash and short-term investments of $3.4B.
Key information
108.8%
Debt to equity ratio
US$13.46b
Debt
| Interest coverage ratio | 11.9x |
| Cash | US$3.36b |
| Equity | US$12.37b |
| Total liabilities | US$35.66b |
| Total assets | US$48.03b |
Recent financial health updates
Recent updates
Marsh & McLennan Q4: Strong Rate Increase, Expect MSD Organic Revenue Growth In FY24
Feb 08Marsh & McLennan: Bullish On Its Double-Digit Growth Across Key Metrics (Upgrade)
Dec 29Marsh & McLennan: Strong Performance Across Economic Cycles
Oct 24Marsh & McLennan Companies: Mix Shift Towards Higher Growth Areas
Sep 13Marsh & McLennan: 3 Reasons To Sell And Take A Capital Gain
Jul 22Marsh & McLennan Companies (NYSE:MMC) Is Increasing Its Dividend To $0.71
Jul 14
Marsh & McLennan Q4 2022 Earnings Preview
Jan 25Marsh & McLennan declares $0.59 dividend
Jan 12Marsh McLennan unit acquires HMS Insurance Associates
Jan 04Marsh & McLennan: Investing In The Stock Vs. Buying Government Bonds
Dec 25Do Marsh & McLennan Companies' (NYSE:MMC) Earnings Warrant Your Attention?
Dec 20Marsh & McLennan Companies unit acquires Bradley Insurance Agency
Nov 02Marsh & McLennan Q3 2022 Earnings Preview
Oct 19Marsh & McLennan - Following A Simple Thesis
Oct 12Marsh & McLennan declares $0.59 dividend
Sep 22Marsh McLennan Agency acquires Steinberg & Associates
Sep 01If EPS Growth Is Important To You, Marsh & McLennan Companies (NYSE:MMC) Presents An Opportunity
Aug 13Marsh & McLennan: Watch Quality Stay Stable
Jul 25Marsh & McLennan Companies' (NYSE:MMC) Upcoming Dividend Will Be Larger Than Last Year's
Jul 17Marsh & McLennan raises dividend by 10% to $0.59/share
Jul 13Marsh & McLennan: Trees Don't Grow To The Sky, But Brokers Might
May 13Marsh & McLennan And Its Closest Peer
Apr 20Marsh & McLennan - Quality Remains Expensive
Jan 28Financial Position Analysis
Short Term Liabilities: MMC's short term assets ($21.7B) exceed its short term liabilities ($19.8B).
Long Term Liabilities: MMC's short term assets ($21.7B) exceed its long term liabilities ($15.9B).
Debt to Equity History and Analysis
Debt Level: MMC's net debt to equity ratio (81.7%) is considered high.
Reducing Debt: MMC's debt to equity ratio has increased from 76.8% to 108.8% over the past 5 years.
Debt Coverage: MMC's debt is well covered by operating cash flow (31.6%).
Interest Coverage: MMC's interest payments on its debt are well covered by EBIT (11.9x coverage).