Marketing Alliance Balance Sheet Health
Financial Health criteria checks 4/6
Marketing Alliance has a total shareholder equity of $6.3M and total debt of $3.1M, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are $15.5M and $9.3M respectively. Marketing Alliance's EBIT is $1.1M making its interest coverage ratio -7.4. It has cash and short-term investments of $4.8M.
Key information
48.9%
Debt to equity ratio
US$3.07m
Debt
| Interest coverage ratio | -7.4x |
| Cash | US$4.83m |
| Equity | US$6.27m |
| Total liabilities | US$9.26m |
| Total assets | US$15.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAAL's short term assets ($13.0M) exceed its short term liabilities ($6.7M).
Long Term Liabilities: MAAL's short term assets ($13.0M) exceed its long term liabilities ($2.6M).
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 48.9% 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.