Marco Polo Marine Balance Sheet Health
Financial Health criteria checks 5/6
Marco Polo Marine has a total shareholder equity of SGD191.8M and total debt of SGD1.7M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are SGD238.6M and SGD46.9M respectively. Marco Polo Marine's EBIT is SGD30.7M making its interest coverage ratio -16.4. It has cash and short-term investments of SGD49.9M.
Key information
0.9%
Debt to equity ratio
S$1.75m
Debt
| Interest coverage ratio | -16.4x |
| Cash | S$49.92m |
| Equity | S$191.76m |
| Total liabilities | S$46.88m |
| Total assets | S$238.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRPM.F's short term assets (SGD101.0M) exceed its short term liabilities (SGD39.1M).
Long Term Liabilities: MRPM.F's short term assets (SGD101.0M) exceed its long term liabilities (SGD7.8M).
Debt to Equity History and Analysis
Debt Level: MRPM.F has more cash than its total debt.
Reducing Debt: MRPM.F's debt to equity ratio has increased from 0% to 0.9% over the past 5 years.
Debt Coverage: MRPM.F's debt is well covered by operating cash flow (2719.3%).
Interest Coverage: MRPM.F earns more interest than it pays, so coverage of interest payments is not a concern.