Merchants' National Properties Balance Sheet Health
Financial Health criteria checks 3/6
Merchants' National Properties has a total shareholder equity of $230.7M and total debt of $40.6M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are $318.7M and $88.0M respectively. Merchants' National Properties's EBIT is $10.5M making its interest coverage ratio -23.5. It has cash and short-term investments of $11.5M.
Key information
17.6%
Debt to equity ratio
US$40.62m
Debt
| Interest coverage ratio | -23.5x |
| Cash | US$11.48m |
| Equity | US$230.69m |
| Total liabilities | US$87.99m |
| Total assets | US$318.67m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MNPP's short term assets ($39.8M) exceed its short term liabilities ($9.0M).
Long Term Liabilities: MNPP's short term assets ($39.8M) do not cover its long term liabilities ($79.0M).
Debt to Equity History and Analysis
Debt Level: MNPP's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: MNPP's debt to equity ratio has increased from 13% to 17.6% over the past 5 years.
Debt Coverage: MNPP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MNPP earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 04:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Merchants' National Properties, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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