Medlab Clinical Financial Health
How is Medlab Clinical's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
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 to Equity History and Analysis
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%.
Cash Runway Analysis
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