MDA Space Balance Sheet Health
Financial Health criteria checks 4/6
MDAce has a total shareholder equity of CA$1.1B and total debt of CA$293.8M, which brings its debt-to-equity ratio to 25.8%. Its total assets and total liabilities are CA$2.6B and CA$1.4B respectively. MDAce's EBIT is CA$90.7M making its interest coverage ratio 7. It has cash and short-term investments of CA$139.2M.
Key information
25.8%
Debt to equity ratio
CA$293.80m
Debt
| Interest coverage ratio | 7x |
| Cash | CA$139.20m |
| Equity | CA$1.14b |
| Total liabilities | CA$1.43b |
| Total assets | CA$2.57b |
Recent financial health updates
Does MDA Space (TSE:MDA) Have A Healthy Balance Sheet?
Oct 09
MDA Space (TSE:MDA) Has A Somewhat Strained Balance Sheet
Jun 12Recent updates
MDA Space Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Nov 18MDA Space Ltd. (TSE:MDA) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Oct 17Does MDA Space (TSE:MDA) Have A Healthy Balance Sheet?
Oct 09Investors Appear Satisfied With MDA Space Ltd.'s (TSE:MDA) Prospects As Shares Rocket 30%
Sep 01MDA Space (TSE:MDA) Might Have The Makings Of A Multi-Bagger
Aug 06MDA Space (TSE:MDA) Has A Somewhat Strained Balance Sheet
Jun 12Here's Why We Think MDA (TSE:MDA) Is Well Worth Watching
May 08Earnings Tell The Story For MDA Ltd. (TSE:MDA) As Its Stock Soars 30%
Mar 01Returns 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 21Financial Position Analysis
Short Term Liabilities: MDA's short term assets (CA$683.1M) do not cover its short term liabilities (CA$825.4M).
Long Term Liabilities: MDA's short term assets (CA$683.1M) exceed its long term liabilities (CA$604.5M).
Debt to Equity History and Analysis
Debt Level: MDA's net debt to equity ratio (13.6%) 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 well covered by operating cash flow (133.2%).
Interest Coverage: MDA's interest payments on its debt are well covered by EBIT (7x coverage).