Mercury Systems (MRCY) Debt Metrics
Market Cap: $2.98B
Avg Volume: 595.64K
Industry: Aerospace & Defense
Sector: Industrials
How much debt does Mercury Systems have?
According to Mercury Systems's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Mercury Systems's total debt stands at $654.08M. This is broken down into:
- Long-term debt: $654.08M
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $473.56M. In terms of overall financial obligations, Mercury Systems's total liabilities amount to $906.13M.
Debt Ratios and Metrics
To better understand Mercury Systems's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.44 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 27.50% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: -4.22 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 28.65% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 30.75% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Mercury Systems's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$654.08M
Long-term Debt
$654.08M
Short-term Debt
$-
Net Debt
$473.56M
Total Liabilities
$906.13M
Interest Coverage
-4.22
Debt to Equity Ratio
0.44
Debt Ratio
27.50%
Mercury Systems Historical Debt Metrics
Mercury Systems Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $654.08M | $654.08M | $- | $473.56M | $906.13M | 0.44 | 27.50% | -4.22 | 28.65% | 30.75% |
| 2023 | $578.30M | $578.30M | $20.87M | $506.73M | $824.68M | 0.37 | 24.18% | -0.86 | 24.61% | 26.96% |
| 2022 | $521.39M | $521.39M | $11.25M | $455.73M | $766.31M | 0.34 | 22.63% | 10.86 | 22.70% | 25.33% |
| 2021 | $271.51M | $271.51M | $20.04M | $157.67M | $470.99M | 0.18 | 13.89% | 66.29 | 11.88% | 15.46% |
| 2020 | $66.98M | $66.98M | $- | $-159.86M | $225.94M | 0.05 | 4.16% | 90.52 | 0.00% | 4.61% |
| 2019 | $- | $- | $- | $-257.93M | $132.24M | 0.00 | 0.00% | 8.41 | 0.00% | 0.00% |
| 2018 | $195.00M | $195.00M | $- | $128.48M | $292.59M | 0.25 | 18.32% | 16.49 | 20.17% | 20.17% |
| 2017 | $- | $- | $- | $-41.64M | $90.33M | 0.00 | 0.00% | 4.94 | 0.00% | 0.00% |
| 2016 | $192.28M | $182.28M | $10.00M | $110.58M | $263.45M | 0.41 | 26.11% | 20.45 | 27.81% | 28.90% |
| 2015 | $- | $- | $- | $-77.59M | $39.85M | 0.00 | 0.00% | 539.85 | 0.00% | 0.00% |
Related Metrics
Explore detailed financial metrics and analysis for MRCY.