How Does Materion''s Debt Look?
Over the past three months, shares of Materion (NYSE: MTRN ) rose by 14.81%. Before we understand the importance of debt, let us look at how much debt Materion has. Materion''s Debt According to the Materion''s most recent financial statement as reported on April 29, 2021, total debt is at $71.89 million, with $70.34 million in long-term debt and $1.54 million in current debt. Adjusting for $18.93 million in cash-equivalents, the company has a net debt of $52.95 million. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is Full story available on Benzinga.com
How Does Materion''s Debt Look?
Over the past three months, shares of Materion (NYSE: MTRN ) rose by 14.81%. Before we understand the importance of debt, let us look at how much debt Materion has. Materion''s Debt According to the Materion''s most recent financial statement as reported on April 29, 2021, total debt is at $71.89 million, with $70.34 million in long-term debt and $1.54 million in current debt. Adjusting for $18.93 million in cash-equivalents, the company has a net debt of $52.95 million. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is Full story available on Benzinga.com