Medlab Clinical Balance Sheet Health
Financial Health criteria checks 4/6
Medlab Clinical has a total shareholder equity of A$7.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$11.3M and A$3.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.54m |
| Equity | AU$7.75m |
| Total liabilities | AU$3.58m |
| Total assets | AU$11.33m |
Recent financial health updates
No updates
Recent updates
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%.
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: Insufficient data to determine if MDC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MDC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.