MarineMax Inc

NYSE HZO

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MarineMax Inc Cash to Debt Ratio 1 year YoY Change (%) for the quarter ending March 31, 2024: -12.81%

MarineMax Inc Cash to Debt Ratio 1 year YoY Change (%) is -12.81% for the quarter ending March 31, 2024, a 85.51% change year over year. The cash to debt ratio assesses a company's ability to cover its total debt obligations with its available cash. It is calculated by dividing cash by total debt. This ratio indicates the company's liquidity and its capacity to meet its debt obligations using its cash reserves. A higher cash to debt ratio suggests a stronger ability to cover debts with cash resources. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • MarineMax Inc Cash to Debt Ratio for the quarter ending March 31, 2023 was 0.22, a -88.42% change year over year.
  • MarineMax Inc Cash to Debt Ratio for the quarter ending March 31, 2022 was 1.86, a 28.14% change year over year.
  • MarineMax Inc Cash to Debt Ratio for the quarter ending March 31, 2021 was 1.45.
NYSE: HZO

MarineMax Inc

CEO Mr. William H. McGill Jr.
IPO Date June 2, 1998
Location United States
Headquarters 2600 McCormick Drive, Clearwater, FL, United States, 33759
Employees 3,928
Sector Consumer Cyclical
Industry Specialty retail
Description

MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States. It operates in two segments, Retail Operations and Product Manufacturing. The company sells new and used recreational boats, including pleasure and fishing boats, mega-yachts, yachts, sport cruisers, motor yachts, e-power yachts, pontoon boats, ski boats, jet boats, and other recreational boats. It also offers marine parts and accessories comprising marine electronics; dock and anchoring products that include boat fenders, lines, and anchors; boat covers; trailer parts; water sport accessories, which comprise tubes, lines, wakeboards, and skis; engine parts; oils; lubricants; steering and control systems; corrosion control products and service products; high-performance accessories, including propellers and instruments; and a line of boating accessories, such as life jackets, inflatables, and water sports equipment. In addition, the company provides novelty items, such as shirts, caps, and license plates; marine engines and equipment; maintenance, repair, and slip and storage services; and boat or yacht brokerage services, as well as yacht charters and power catamarans. Further, it offers new or used boat finance services; arranges insurance coverage, including boat property, disability, undercoating, gel sealant, fabric protection, trailer tire and wheel protection, and casualty insurance coverage; and manufactures and sells sport yachts and yachts. Additionally, the company operates MarineMax vacations in Tortola and British Virgin Islands. It also markets and sells its products through offsite locations and print catalog. MarineMax, Inc. was incorporated in 1998 and is based in Clearwater, Florida.

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StockViz Staff

September 19, 2024

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