Medlab Clinical Balance Sheet Health
Financial Health criteria checks 5/6
Medlab Clinical has a total shareholder equity of A$11.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$16.1M and A$4.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$11.22m |
| Equity | AU$11.89m |
| Total liabilities | AU$4.22m |
| Total assets | AU$16.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDCDA's short term assets (A$13.7M) exceed its short term liabilities (A$3.3M).
Long Term Liabilities: MDCDA's short term assets (A$13.7M) exceed its long term liabilities (A$965.6K).
Debt to Equity History and Analysis
Debt Level: MDCDA is debt free.
Reducing Debt: MDCDA has no debt compared to 5 years ago when its debt to equity ratio was 6.6%.
Balance Sheet
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: MDCDA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MDCDA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.8% each year