Monarch Cement Balance Sheet Health
Financial Health criteria checks 6/6
Monarch Cement has a total shareholder equity of $334.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $381.3M and $47.2M respectively. Monarch Cement's EBIT is $70.1M making its interest coverage ratio -23.5. It has cash and short-term investments of $53.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -23.5x |
Cash | US$53.49m |
Equity | US$334.12m |
Total liabilities | US$47.23m |
Total assets | US$381.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCEM's short term assets ($144.6M) exceed its short term liabilities ($26.2M).
Long Term Liabilities: MCEM's short term assets ($144.6M) exceed its long term liabilities ($21.0M).
Debt to Equity History and Analysis
Debt Level: MCEM is debt free.
Reducing Debt: MCEM has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: MCEM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MCEM has no debt, therefore coverage of interest payments is not a concern.