Medlab Clinical Financial Health

Short Term Liabilities: MDC's short term assets (A$9.2M) exceed its short term liabilities (A$2.5M).

Long Term Liabilities: MDC's short term assets (A$9.2M) exceed its long term liabilities (A$1.1M).

Debt Level: MDC is debt free.

Reducing Debt: MDC has no debt compared to 5 years ago when its debt to equity ratio was 9.7%.

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MDC has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MDC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.7% each year

• Healthy companies in the Pharmaceuticals & Biotech industry.