Marketing Alliance Balance Sheet Health
Financial Health criteria checks 4/6
Marketing Alliance has a total shareholder equity of $6.7M and total debt of $4.2M, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are $16.9M and $10.2M respectively. Marketing Alliance's EBIT is $794.1K making its interest coverage ratio -5.8. It has cash and short-term investments of $6.3M.
Key information
62.9%
Debt to equity ratio
US$4.20m
Debt
Interest coverage ratio | -5.8x |
Cash | US$6.32m |
Equity | US$6.68m |
Total liabilities | US$10.17m |
Total assets | US$16.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAAL's short term assets ($13.7M) exceed its short term liabilities ($7.1M).
Long Term Liabilities: MAAL's short term assets ($13.7M) exceed its long term liabilities ($3.0M).
Debt to Equity History and Analysis
Debt Level: MAAL has more cash than its total debt.
Reducing Debt: MAAL's debt to equity ratio has increased from 0% to 62.9% over the past 5 years.
Debt Coverage: Insufficient data to determine if MAAL's debt is well covered by operating cash flow.
Interest Coverage: MAAL earns more interest than it pays, so coverage of interest payments is not a concern.