MedAdvisor Balance Sheet Health
Financial Health criteria checks 3/6
MedAdvisor has a total shareholder equity of A$51.6M and total debt of A$12.4M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are A$98.8M and A$47.2M respectively. MedAdvisor's EBIT is A$2.8M making its interest coverage ratio 1.6. It has cash and short-term investments of A$15.6M.
Key information
23.9%
Debt to equity ratio
AU$12.35m
Debt
| Interest coverage ratio | 1.6x |
| Cash | AU$15.58m |
| Equity | AU$51.58m |
| Total liabilities | AU$47.20m |
| Total assets | AU$98.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDR's short term assets (A$32.5M) do not cover its short term liabilities (A$45.7M).
Long Term Liabilities: MDR's short term assets (A$32.5M) exceed its long term liabilities (A$1.5M).
Debt to Equity History and Analysis
Debt Level: MDR has more cash than its total debt.
Reducing Debt: MDR's debt to equity ratio has increased from 0% to 23.9% over the past 5 years.
Debt Coverage: MDR's debt is well covered by operating cash flow (42%).
Interest Coverage: MDR's interest payments on its debt are not well covered by EBIT (1.6x coverage).