Medibank Private Balance Sheet Health
Financial Health criteria checks 5/6
Medibank Private has a total shareholder equity of A$2.3B and total debt of A$34.9M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are A$4.7B and A$2.4B respectively. Medibank Private's EBIT is A$724.2M making its interest coverage ratio 134.1. It has cash and short-term investments of A$3.7B.
Key information
1.5%
Debt to equity ratio
AU$34.90m
Debt
| Interest coverage ratio | 134.1x |
| Cash | AU$3.74b |
| Equity | AU$2.31b |
| Total liabilities | AU$2.38b |
| Total assets | AU$4.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPL's short term assets (A$3.8B) exceed its short term liabilities (A$2.0B).
Long Term Liabilities: MPL's short term assets (A$3.8B) exceed its long term liabilities (A$365.5M).
Debt to Equity History and Analysis
Debt Level: MPL has more cash than its total debt.
Reducing Debt: MPL's debt to equity ratio has increased from 0% to 1.5% over the past 5 years.
Debt Coverage: MPL's debt is well covered by operating cash flow (2488.5%).
Interest Coverage: MPL's interest payments on its debt are well covered by EBIT (134.1x coverage).