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$398.7M, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are CA$2.4B and CA$1.3B respectively. MDAce's EBIT is CA$70.9M making its interest coverage ratio 4.4. It has cash and short-term investments of CA$46.4M.
Key information
36.3%
Debt to equity ratio
CA$398.70m
Debt
| Interest coverage ratio | 4.4x |
| Cash | CA$46.40m |
| Equity | CA$1.10b |
| Total liabilities | CA$1.28b |
| Total assets | CA$2.38b |
Recent financial health updates
Recent updates
MDA Space (TSE:MDA) Might Have The Makings Of A Multi-Bagger
Aug 06
MDA 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 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$586.5M) exceed its short term liabilities (CA$584.5M).
Long Term Liabilities: MDA's short term assets (CA$586.5M) do not cover its long term liabilities (CA$697.4M).
Debt to Equity History and Analysis
Debt Level: MDA's net debt to equity ratio (32.1%) 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 well covered by operating cash flow (25.7%).
Interest Coverage: MDA's interest payments on its debt are well covered by EBIT (4.4x coverage).