This company has been acquired
Macquarie Infrastructure Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Key information
31.2%
Debt to equity ratio
US$98.56m
Debt
| Interest coverage ratio | n/a |
| Cash | US$37.59m |
| Equity | US$315.85m |
| Total liabilities | US$231.80m |
| Total assets | US$547.65m |
Recent financial health updates
Is Macquarie Infrastructure (NYSE:MIC) Using Too Much Debt?
Jul 07
Here's Why Macquarie Infrastructure (NYSE:MIC) Has A Meaningful Debt Burden
Mar 19We Think Macquarie Infrastructure (NYSE:MIC) Can Stay On Top Of Its Debt
Dec 03
Recent updates
Macquarie Infrastructure: Might Reload Soon But Will Compete Fiercely In Allocating
Dec 10Calculating The Intrinsic Value Of Macquarie Infrastructure Corporation (NYSE:MIC)
Aug 26Is Macquarie Infrastructure (NYSE:MIC) Using Too Much Debt?
Jul 07Macquarie Infrastructure sells Hawaii business to Argo for $3.83 per unit
Jun 15Macquarie Infrastructure's Decisive Move To Create Shareholder Value
Jun 08Why Macquarie Infrastructure Corporation (NYSE:MIC) Could Be Worth Watching
Jun 01We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Macquarie Infrastructure Corporation's (NYSE:MIC) CEO For Now
May 06A Look At The Intrinsic Value Of Macquarie Infrastructure Corporation (NYSE:MIC)
May 04Here's Why Macquarie Infrastructure (NYSE:MIC) Has A Meaningful Debt Burden
Mar 19What Kind Of Shareholders Own Macquarie Infrastructure Corporation (NYSE:MIC)?
Feb 26Is It Too Late To Consider Buying Macquarie Infrastructure Corporation (NYSE:MIC)?
Feb 05Estimating The Intrinsic Value Of Macquarie Infrastructure Corporation (NYSE:MIC)
Jan 15Macquarie Infrastructure: Slightly Expensive After Latest Sale
Dec 29Some Analysts Just Cut Their Macquarie Infrastructure Corporation (NYSE:MIC) Estimates
Dec 25What Would Shareholders Who Purchased Macquarie Infrastructure's(NYSE:MIC) Stock Five Years Ago Be Earning on Their Investment Today?
Dec 24Macquarie Infrastructure announces $11.00 special dividend from IMTT business sale proceeds, stock +8% AH
Dec 23We Think Macquarie Infrastructure (NYSE:MIC) Can Stay On Top Of Its Debt
Dec 03Riverstone to buy Macquarie tank terminals business in $2.7B deal
Nov 09Little Action For Macquarie Infrastructure Corp.
Oct 30Financial Position Analysis
Short Term Liabilities: MIC's short term assets ($99.6M) exceed its short term liabilities ($30.7M).
Long Term Liabilities: MIC's short term assets ($99.6M) do not cover its long term liabilities ($201.1M).
Debt to Equity History and Analysis
Debt Level: MIC's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: MIC's debt to equity ratio has reduced from 100.8% to 31.2% over the past 5 years.
Debt Coverage: MIC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MIC's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/22 20:22 |
| End of Day Share Price | 2022/07/20 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Macquarie Infrastructure Holdings, LLC is covered by 12 analysts. 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 |
|---|---|
| Richard Gross | Barclays |
| Robert Norfleet | BB&T Capital Markets |
| Anna Kaminskaya | BofA Global Research |