Montauk Renewables Balance Sheet Health
Financial Health criteria checks 6/6
Montauk Renewables has a total shareholder equity of $275.3M and total debt of $57.6M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are $374.1M and $98.8M respectively. Montauk Renewables's EBIT is $37.8M making its interest coverage ratio 6. It has cash and short-term investments of $55.4M.
Key information
20.9%
Debt to equity ratio
US$57.59m
Debt
| Interest coverage ratio | 6x |
| Cash | US$55.40m |
| Equity | US$275.34m |
| Total liabilities | US$98.78m |
| Total assets | US$374.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MKR's short term assets ($79.3M) exceed its short term liabilities ($38.9M).
Long Term Liabilities: MKR's short term assets ($79.3M) exceed its long term liabilities ($59.9M).
Debt to Equity History and Analysis
Debt Level: MKR's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: MKR's debt to equity ratio has reduced from 49.1% to 20.9% over the past 5 years.
Debt Coverage: MKR's debt is well covered by operating cash flow (112.1%).
Interest Coverage: MKR's interest payments on its debt are well covered by EBIT (6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 00:27 |
| End of Day Share Price | 2024/12/27 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
Montauk Renewables, Inc. is covered by 5 analysts. 3 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 |
|---|---|
| Christopher Souther | B. Riley Securities, Inc. |
| Ryan Pfingst | B. Riley Securities, Inc. |
| Craig Irwin | Roth MKM |