Montauk Renewables Balance Sheet Health
Financial Health criteria checks 6/6
Montauk Renewables has a total shareholder equity of $250.2M and total debt of $63.5M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are $350.2M and $100.0M respectively. Montauk Renewables's EBIT is $24.7M making its interest coverage ratio 4.3. It has cash and short-term investments of $74.6M.
Key information
25.4%
Debt to equity ratio
US$63.50m
Debt
| Interest coverage ratio | 4.3x |
| Cash | US$74.60m |
| Equity | US$250.24m |
| Total liabilities | US$100.00m |
| Total assets | US$350.24m |
Recent financial health updates
Recent updates
What You Can Learn From Montauk Renewables, Inc.'s (NASDAQ:MNTK) P/EAfter Its 35% Share Price Crash
Mar 16
Does Montauk Renewables (NASDAQ:MNTK) Have A Healthy Balance Sheet?
Mar 12Montauk Renewables (NASDAQ:MNTK) Has More To Do To Multiply In Value Going Forward
Feb 14Return Trends At Montauk Renewables (NASDAQ:MNTK) Aren't Appealing
Oct 14Montauk Renewables' (NASDAQ:MNTK) Returns Have Hit A Wall
Jun 20Montauk Renewables, Inc. (NASDAQ:MNTK) Analysts Are More Bearish Than They Used To Be
May 15Earnings Miss: Montauk Renewables, Inc. Missed EPS By 14% And Analysts Are Revising Their Forecasts
Mar 19Montauk Renewables, Inc.'s (NASDAQ:MNTK) Intrinsic Value Is Potentially 59% Above Its Share Price
Feb 09Montauk Renewables (NASDAQ:MNTK) Is Looking To Continue Growing Its Returns On Capital
Jan 13The Strong Earnings Posted By Montauk Renewables (NASDAQ:MNTK) Are A Good Indication Of The Strength Of The Business
Nov 16Calculating The Intrinsic Value Of Montauk Renewables, Inc. (NASDAQ:MNTK)
Nov 07Montauk Renewables: A Great Stock But Too Expensive
Oct 07Montauk Renewables (NASDAQ:MNTK) Is Looking To Continue Growing Its Returns On Capital
Sep 14Montauk Renewables GAAP EPS of $0.13 beats by $0.02, revenue of $67.9M beats by $17.2M
Aug 09Nimble Montauk Renewables Looks Positioned For Gains Ahead
Jul 05Be Wary Of Montauk Renewables (NASDAQ:MNTK) And Its Returns On Capital
May 24Montauk Renewables expands dairy digester RNG Project
Jun 15Montauk Renewables to sell RNG for European market use
May 06Financial Position Analysis
Short Term Liabilities: MNTK's short term assets ($90.2M) exceed its short term liabilities ($29.4M).
Long Term Liabilities: MNTK's short term assets ($90.2M) exceed its long term liabilities ($70.6M).
Debt to Equity History and Analysis
Debt Level: MNTK has more cash than its total debt.
Reducing Debt: MNTK's debt to equity ratio has reduced from 62.8% to 25.4% over the past 5 years.
Debt Coverage: MNTK's debt is well covered by operating cash flow (64.7%).
Interest Coverage: MNTK's interest payments on its debt are well covered by EBIT (4.3x coverage).