Medexus Pharmaceuticals Balance Sheet Health
Financial Health criteria checks 3/6
Medexus Pharmaceuticals has a total shareholder equity of $29.6M and total debt of $51.7M, which brings its debt-to-equity ratio to 174.9%. Its total assets and total liabilities are $160.4M and $130.8M respectively. Medexus Pharmaceuticals's EBIT is $12.8M making its interest coverage ratio 0.9. It has cash and short-term investments of $8.2M.
Key information
174.9%
Debt to equity ratio
US$51.70m
Debt
Interest coverage ratio | 0.9x |
Cash | US$8.21m |
Equity | US$29.56m |
Total liabilities | US$130.82m |
Total assets | US$160.38m |
Recent financial health updates
Is Medexus Pharmaceuticals (TSE:MDP) Using Too Much Debt?
Sep 11Medexus Pharmaceuticals (TSE:MDP) Use Of Debt Could Be Considered Risky
Jan 19Is Medexus Pharmaceuticals (TSE:MDP) Using Too Much Debt?
Sep 22Is Medexus Pharmaceuticals (TSE:MDP) Weighed On By Its Debt Load?
Dec 16Is Medexus Pharmaceuticals (TSE:MDP) Using Too Much Debt?
Aug 04Recent updates
Revenues Working Against Medexus Pharmaceuticals Inc.'s (TSE:MDP) Share Price Following 26% Dive
Mar 03Medexus Pharmaceuticals Inc.'s (TSE:MDP) Shares Leap 89% Yet They're Still Not Telling The Full Story
Jan 06Here's Why Medexus Pharmaceuticals (TSE:MDP) Has Caught The Eye Of Investors
Oct 11Is Medexus Pharmaceuticals (TSE:MDP) Using Too Much Debt?
Sep 11Medexus Pharmaceuticals (TSE:MDP) Use Of Debt Could Be Considered Risky
Jan 19Is Medexus Pharmaceuticals (TSE:MDP) Using Too Much Debt?
Sep 22Is Medexus Pharmaceuticals (TSE:MDP) Weighed On By Its Debt Load?
Dec 16Medexus Pharmaceuticals Inc. (TSE:MDP) Analysts Just Cut Their EPS Forecasts Substantially
Aug 21Is Medexus Pharmaceuticals (TSE:MDP) Using Too Much Debt?
Aug 04Medexus Pharmaceuticals Inc. (CVE:MDP): When Will It Breakeven?
May 04The Independent Director of Medexus Pharmaceuticals Inc. (CVE:MDP), Michael Mueller, Just Bought 34% More Shares
Feb 26Did Business Growth Power Medexus Pharmaceuticals' (CVE:MDP) Share Price Gain of 174%?
Feb 24Financial Position Analysis
Short Term Liabilities: MDP's short term assets ($74.1M) exceed its short term liabilities ($66.5M).
Long Term Liabilities: MDP's short term assets ($74.1M) exceed its long term liabilities ($64.3M).
Debt to Equity History and Analysis
Debt Level: MDP's net debt to equity ratio (147.1%) is considered high.
Reducing Debt: MDP's debt to equity ratio has increased from 39% to 174.9% over the past 5 years.
Debt Coverage: MDP's debt is well covered by operating cash flow (40.6%).
Interest Coverage: MDP's interest payments on its debt are not well covered by EBIT (0.9x coverage).