Medical Facilities Balance Sheet Health
Financial Health criteria checks 5/6
Medical Facilities has a total shareholder equity of $118.3M and total debt of $69.1M, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are $354.9M and $236.6M respectively. Medical Facilities's EBIT is $67.1M making its interest coverage ratio 5.1. It has cash and short-term investments of $24.1M.
Key information
58.4%
Debt to equity ratio
US$69.10m
Debt
| Interest coverage ratio | 5.1x |
| Cash | US$24.11m |
| Equity | US$118.30m |
| Total liabilities | US$236.58m |
| Total assets | US$354.89m |
Recent financial health updates
Medical Facilities (TSE:DR) Seems To Use Debt Quite Sensibly
Aug 05
Is Medical Facilities (TSE:DR) Using Too Much Debt?
Sep 14Is Medical Facilities (TSE:DR) Using Too Much Debt?
Jul 24Medical Facilities (TSE:DR) Has A Somewhat Strained Balance Sheet
Mar 08Medical Facilities (TSE:DR) Takes On Some Risk With Its Use Of Debt
Dec 07Recent updates
We Think Medical Facilities' (TSE:DR) Robust Earnings Are Conservative
Mar 22Medical Facilities Corporation Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
Nov 12Medical Facilities (TSE:DR) Seems To Use Debt Quite Sensibly
Aug 05Medical Facilities' (TSE:DR) Dividend Will Be $0.0805
Mar 26Medical Facilities (TSE:DR) Has Affirmed Its Dividend Of $0.0805
Dec 23Is Medical Facilities (TSE:DR) Using Too Much Debt?
Sep 14Is It Too Late To Consider Buying Medical Facilities Corporation (TSE:DR)?
May 13The Returns At Medical Facilities (TSE:DR) Aren't Growing
Apr 24Medical Facilities' (TSE:DR) Upcoming Dividend Will Be Larger Than Last Year's
Dec 21Medical Facilities (TSE:DR) Will Pay A Dividend Of CA$0.07
Sep 24Is Medical Facilities (TSE:DR) Using Too Much Debt?
Jul 24Medical Facilities (TSE:DR) Will Pay A Dividend Of CA$0.07
Jun 25Here's Why It's Unlikely That Medical Facilities Corporation's (TSE:DR) CEO Will See A Pay Rise This Year
May 07Is Now The Time To Look At Buying Medical Facilities Corporation (TSE:DR)?
Apr 19Here's How We Evaluate Medical Facilities Corporation's (TSE:DR) Dividend
Mar 29Medical Facilities (TSE:DR) Has A Somewhat Strained Balance Sheet
Mar 08Are Medical Facilities' (TSE:DR) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 18Do Its Financials Have Any Role To Play In Driving Medical Facilities Corporation's (TSE:DR) Stock Up Recently?
Feb 03
Would Shareholders Who Purchased Medical Facilities' (TSE:DR) Stock Three Years Be Happy With The Share price Today?
Jan 19Is It Too Late To Consider Buying Medical Facilities Corporation (TSE:DR)?
Jan 04What Makes Medical Facilities Corporation (TSE:DR) A Great Dividend Stock?
Dec 20Medical Facilities (TSE:DR) Takes On Some Risk With Its Use Of Debt
Dec 07How Much Did Medical Facilities' (TSE:DR) CEO Pocket Last Year?
Nov 23Financial Position Analysis
Short Term Liabilities: DR's short term assets ($102.8M) exceed its short term liabilities ($83.0M).
Long Term Liabilities: DR's short term assets ($102.8M) do not cover its long term liabilities ($153.6M).
Debt to Equity History and Analysis
Debt Level: DR's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: DR's debt to equity ratio has reduced from 86.6% to 58.4% over the past 5 years.
Debt Coverage: DR's debt is well covered by operating cash flow (105.2%).
Interest Coverage: DR's interest payments on its debt are well covered by EBIT (5.1x coverage).