Martin Marietta Materials Balance Sheet Health
Financial Health criteria checks 5/6
Martin Marietta Materials has a total shareholder equity of $8.0B and total debt of $4.3B, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are $15.1B and $7.1B respectively. Martin Marietta Materials's EBIT is $1.6B making its interest coverage ratio 13.5. It has cash and short-term investments of $1.3B.
Key information
54.1%
Debt to equity ratio
US$4.35b
Debt
| Interest coverage ratio | 13.5x |
| Cash | US$1.27b |
| Equity | US$8.04b |
| Total liabilities | US$7.09b |
| Total assets | US$15.12b |
Recent financial health updates
Here's Why Martin Marietta Materials (NYSE:MLM) Can Manage Its Debt Responsibly
Apr 04
We Think Martin Marietta Materials (NYSE:MLM) Can Stay On Top Of Its Debt
Nov 06Does Martin Marietta Materials (NYSE:MLM) Have A Healthy Balance Sheet?
Aug 01Is Martin Marietta Materials (NYSE:MLM) A Risky Investment?
Apr 24These 4 Measures Indicate That Martin Marietta Materials (NYSE:MLM) Is Using Debt Reasonably Well
Jan 16Here's Why Martin Marietta Materials (NYSE:MLM) Can Manage Its Debt Responsibly
Sep 20Recent updates
Some Shareholders Feeling Restless Over Martin Marietta Materials, Inc.'s (NYSE:MLM) P/E Ratio
Apr 17Here's Why Martin Marietta Materials (NYSE:MLM) Can Manage Its Debt Responsibly
Apr 04Is There Now An Opportunity In Martin Marietta Materials, Inc. (NYSE:MLM)?
Mar 21Martin Marietta: An Impressive Investment Case, But Shares Appear Fully Valued
Mar 15Here's What Analysts Are Forecasting For Martin Marietta Materials, Inc. (NYSE:MLM) After Its Annual Results
Feb 27Martin Marietta Materials: Adding More Aggregates, But Issues Linger
Feb 13Here's Why Martin Marietta Materials (NYSE:MLM) Has Caught The Eye Of Investors
Jan 12Risks To Shareholder Returns Are Elevated At These Prices For Martin Marietta Materials, Inc. (NYSE:MLM)
Dec 25Why Martin Marietta Materials, Inc. (NYSE:MLM) Could Be Worth Watching
Dec 07Martin Marietta Materials: Expensive Valuation, Negligible Dividend Yield
Dec 07We Think Martin Marietta Materials (NYSE:MLM) Can Stay On Top Of Its Debt
Nov 06Do Martin Marietta Materials' (NYSE:MLM) Earnings Warrant Your Attention?
Oct 06Time For An Upgrade For Martin Marietta Materials
Sep 22A Look At The Fair Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Sep 21Why Martin Marietta Materials, Inc. (NYSE:MLM) Could Be Worth Watching
Sep 03Does Martin Marietta Materials (NYSE:MLM) Have A Healthy Balance Sheet?
Aug 01Martin Marietta Materials: Not A Buy Despite Good Growth Prospects
Jul 11Does Martin Marietta Materials (NYSE:MLM) Deserve A Spot On Your Watchlist?
Jun 29Is Martin Marietta Materials, Inc. (NYSE:MLM) Worth US$427 Based On Its Intrinsic Value?
Jun 11Is It Too Late To Consider Buying Martin Marietta Materials, Inc. (NYSE:MLM)?
May 25Is Martin Marietta Materials (NYSE:MLM) A Risky Investment?
Apr 24If EPS Growth Is Important To You, Martin Marietta Materials (NYSE:MLM) Presents An Opportunity
Mar 27Estimating The Intrinsic Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Mar 13Martin Marietta Materials: Revenue Growth Hides The Real Picture
Feb 22Martin Marietta Materials reports Q4 earnings; initiates FY23 outlook
Feb 15Why Martin Marietta Materials, Inc. (NYSE:MLM) Could Be Worth Watching
Feb 13Martin Marietta Materials: Valuation Still Remains Expensive For 2023
Feb 09These 4 Measures Indicate That Martin Marietta Materials (NYSE:MLM) Is Using Debt Reasonably Well
Jan 16Here's Why We Think Martin Marietta Materials (NYSE:MLM) Might Deserve Your Attention Today
Dec 18Calculating The Fair Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Dec 04Martin Marietta Materials declares $0.66 dividend
Nov 10Martin Marietta Materials: Still Not The Greatest Opportunity Out There
Oct 28Is Now An Opportune Moment To Examine Martin Marietta Materials, Inc. (NYSE:MLM)?
Oct 26Here's Why Martin Marietta Materials (NYSE:MLM) Can Manage Its Debt Responsibly
Sep 20Is There An Opportunity With Martin Marietta Materials, Inc.'s (NYSE:MLM) 25% Undervaluation?
Sep 02Martin Marietta Materials raises dividend by 8% to $0.66/share
Aug 10Martin Marietta Materials Q2 2022 Earnings Preview
Jul 27Is It Too Late To Consider Buying Martin Marietta Materials, Inc. (NYSE:MLM)?
Jul 26Martin Marietta Materials (NYSE:MLM) Has A Pretty Healthy Balance Sheet
Jun 05Martin Marietta: A Play On Building Materials And Construction
May 06Financial Position Analysis
Short Term Liabilities: MLM's short term assets ($3.9B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: MLM's short term assets ($3.9B) do not cover its long term liabilities ($5.9B).
Debt to Equity History and Analysis
Debt Level: MLM's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: MLM's debt to equity ratio has reduced from 63% to 54.1% over the past 5 years.
Debt Coverage: MLM's debt is well covered by operating cash flow (35.2%).
Interest Coverage: MLM's interest payments on its debt are well covered by EBIT (13.5x coverage).