MDxHealth Balance Sheet Health

Financial Health criteria checks 4/6

MDxHealth has a total shareholder equity of $17.8M and total debt of $36.0M, which brings its debt-to-equity ratio to 201.8%. Its total assets and total liabilities are $135.7M and $117.9M respectively.

Key information

201.8%

Debt to equity ratio

US$36.01m

Debt

Interest coverage ration/a
CashUS$32.71m
EquityUS$17.84m
Total liabilitiesUS$117.89m
Total assetsUS$135.73m

Recent financial health updates

MDxHealth (EBR:MDXH) Has Debt But No Earnings; Should You Worry?

Aug 29
MDxHealth (EBR:MDXH) Has Debt But No Earnings; Should You Worry?

MDxHealth (EBR:MDXH) Is Carrying A Fair Bit Of Debt

Apr 21
MDxHealth (EBR:MDXH) Is Carrying A Fair Bit Of Debt

Is MDxHealth (EBR:MDXH) Using Debt In A Risky Way?

May 05
Is MDxHealth (EBR:MDXH) Using Debt In A Risky Way?

Here's Why MDxHealth (EBR:MDXH) Can Manage Its Debt Despite Losing Money

Nov 08
Here's Why MDxHealth (EBR:MDXH) Can Manage Its Debt Despite Losing Money

Recent updates

Why Investors Shouldn't Be Surprised By MDxHealth SA's (EBR:MDXH) 29% Share Price Plunge

Oct 05
Why Investors Shouldn't Be Surprised By MDxHealth SA's (EBR:MDXH) 29% Share Price Plunge

MDxHealth (EBR:MDXH) Has Debt But No Earnings; Should You Worry?

Aug 29
MDxHealth (EBR:MDXH) Has Debt But No Earnings; Should You Worry?

MDxHealth (EBR:MDXH) Is Carrying A Fair Bit Of Debt

Apr 21
MDxHealth (EBR:MDXH) Is Carrying A Fair Bit Of Debt

Is MDxHealth (EBR:MDXH) Using Debt In A Risky Way?

May 05
Is MDxHealth (EBR:MDXH) Using Debt In A Risky Way?

Here's Why MDxHealth (EBR:MDXH) Can Manage Its Debt Despite Losing Money

Nov 08
Here's Why MDxHealth (EBR:MDXH) Can Manage Its Debt Despite Losing Money

MDxHealth (EBR:MDXH) Has Debt But No Earnings; Should You Worry?

Mar 23
MDxHealth (EBR:MDXH) Has Debt But No Earnings; Should You Worry?

MDxHealth's (EBR:MDXH) Stock Price Has Reduced 75% In The Past Five Years

Jan 29
MDxHealth's (EBR:MDXH) Stock Price Has Reduced 75% In The Past Five Years

Is MDxHealth (EBR:MDXH) Weighed On By Its Debt Load?

Nov 27
Is MDxHealth (EBR:MDXH) Weighed On By Its Debt Load?

Financial Position Analysis

Short Term Liabilities: MDXH's short term assets ($45.6M) exceed its short term liabilities ($18.8M).

Long Term Liabilities: MDXH's short term assets ($45.6M) do not cover its long term liabilities ($99.0M).


Debt to Equity History and Analysis

Debt Level: MDXH's net debt to equity ratio (18.5%) is considered satisfactory.

Reducing Debt: MDXH's debt to equity ratio has increased from 0.3% to 201.8% over the past 5 years.


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: MDXH has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: MDXH has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 6.9% each year


Discover healthy companies