MDA Balance Sheet Health
Financial Health criteria checks 3/6
MDA has a total shareholder equity of CA$1.1B and total debt of CA$438.9M, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are CA$2.2B and CA$1.1B respectively. MDA's EBIT is CA$79.4M making its interest coverage ratio 12. It has cash and short-term investments of CA$22.5M.
Key information
41.2%
Debt to equity ratio
CA$438.90m
Debt
| Interest coverage ratio | 12x |
| Cash | CA$22.50m |
| Equity | CA$1.06b |
| Total liabilities | CA$1.10b |
| Total assets | CA$2.16b |
Recent financial health updates
No updates
Recent updates
Earnings Tell The Story For MDA Ltd. (TSE:MDA) As Its Stock Soars 30%
Mar 01
Returns Are Gaining Momentum At MDA (TSE:MDA)
Feb 08Should You Be Adding MDA (TSE:MDA) To Your Watchlist Today?
Jan 15Should You Be Adding MDA (TSE:MDA) To Your Watchlist Today?
Oct 11MDA (TSE:MDA) Is Experiencing Growth In Returns On Capital
Feb 16Returns Are Gaining Momentum At MDA (TSE:MDA)
Sep 13Analysts Are More Bearish On MDA Ltd. (TSE:MDA) Than They Used To Be
Aug 16MDA (TSE:MDA) Might Have The Makings Of A Multi-Bagger
May 25Robust Earnings May Not Tell The Whole Story For MDA (TSE:MDA)
Mar 24MDA Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Mar 21Is There An Opportunity With MDA Ltd.'s (TSE:MDA) 49% Undervaluation?
Jan 27Financial Position Analysis
Short Term Liabilities: MDA's short term assets (CA$456.6M) exceed its short term liabilities (CA$373.2M).
Long Term Liabilities: MDA's short term assets (CA$456.6M) do not cover its long term liabilities (CA$723.8M).
Debt to Equity History and Analysis
Debt Level: MDA's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MDA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MDA's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: MDA's interest payments on its debt are well covered by EBIT (12x coverage).