Viemed Healthcare Balance Sheet Health
Financial Health criteria checks 5/6
Viemed Healthcare has a total shareholder equity of $108.8M and total debt of $9.9M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are $149.4M and $40.6M respectively. Viemed Healthcare's EBIT is $13.2M making its interest coverage ratio 66. It has cash and short-term investments of $10.1M.
Key information
9.1%
Debt to equity ratio
US$9.93m
Debt
| Interest coverage ratio | 66x |
| Cash | US$10.08m |
| Equity | US$108.81m |
| Total liabilities | US$40.59m |
| Total assets | US$149.40m |
Recent financial health updates
Is Viemed Healthcare (TSE:VMD) A Risky Investment?
Sep 13
Does Viemed Healthcare (TSE:VMD) Have A Healthy Balance Sheet?
Feb 18Does Viemed Healthcare (TSE:VMD) Have A Healthy Balance Sheet?
Oct 27These 4 Measures Indicate That Viemed Healthcare (TSE:VMD) Is Using Debt Reasonably Well
Dec 09Viemed Healthcare (TSE:VMD) Could Easily Take On More Debt
May 18Viemed Healthcare (TSE:VMD) Seems To Use Debt Rather Sparingly
Feb 03Recent updates
Is Viemed Healthcare (TSE:VMD) A Risky Investment?
Sep 13The Returns On Capital At Viemed Healthcare (TSE:VMD) Don't Inspire Confidence
May 27Does Viemed Healthcare (TSE:VMD) Have A Healthy Balance Sheet?
Feb 18Does Viemed Healthcare (TSE:VMD) Have A Healthy Balance Sheet?
Oct 27Some Investors May Be Worried About Viemed Healthcare's (TSE:VMD) Returns On Capital
Jul 08Does This Valuation Of Viemed Healthcare, Inc. (TSE:VMD) Imply Investors Are Overpaying?
Mar 10These 4 Measures Indicate That Viemed Healthcare (TSE:VMD) Is Using Debt Reasonably Well
Dec 09Shareholders May Not Be So Generous With Viemed Healthcare, Inc.'s (TSE:VMD) CEO Compensation And Here's Why
Jun 04Viemed Healthcare (TSE:VMD) Could Easily Take On More Debt
May 18Viemed Healthcare, Inc.'s (TSE:VMD) Stock Is Going Strong: Is the Market Following Fundamentals?
Mar 03I Ran A Stock Scan For Earnings Growth And Viemed Healthcare (TSE:VMD) Passed With Ease
Feb 16Viemed Healthcare (TSE:VMD) Seems To Use Debt Rather Sparingly
Feb 03If You Had Bought Viemed Healthcare (TSE:VMD) Shares Three Years Ago You'd Have Earned 319% Returns
Jan 21
Did Viemed Healthcare, Inc. (TSE:VMD) Insiders Sell Shares?
Jan 08Should You Rely On Viemed Healthcare's (TSE:VMD) Earnings Growth?
Dec 22Declining Stock and Solid Fundamentals: Is The Market Wrong About Viemed Healthcare, Inc. (TSE:VMD)?
Nov 25Financial Position Analysis
Short Term Liabilities: VMD's short term assets ($35.9M) exceed its short term liabilities ($31.6M).
Long Term Liabilities: VMD's short term assets ($35.9M) exceed its long term liabilities ($9.0M).
Debt to Equity History and Analysis
Debt Level: VMD has more cash than its total debt.
Reducing Debt: VMD's debt to equity ratio has increased from 0% to 9.1% over the past 5 years.
Debt Coverage: VMD's debt is well covered by operating cash flow (399%).
Interest Coverage: VMD's interest payments on its debt are well covered by EBIT (66x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/23 21:31 |
| End of Day Share Price | 2023/12/21 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Viemed Healthcare, Inc. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Doug Cooper | Beacon Securities Limited |
| Vadim Merkulov | Freedom Broker |
| Brooks O'Neil | Lake Street Capital Markets, LLC |