Maximus Balance Sheet Health
Financial Health criteria checks 3/6
Maximus has a total shareholder equity of $1.8B and total debt of $1.1B, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are $4.0B and $2.2B respectively. Maximus's EBIT is $476.5M making its interest coverage ratio 5.7. It has cash and short-term investments of $102.8M.
Key information
62.7%
Debt to equity ratio
US$1.14b
Debt
| Interest coverage ratio | 5.7x |
| Cash | US$102.79m |
| Equity | US$1.82b |
| Total liabilities | US$2.18b |
| Total assets | US$4.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMY's short term assets ($1.1B) exceed its short term liabilities ($680.0M).
Long Term Liabilities: MMY's short term assets ($1.1B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: MMY's net debt to equity ratio (57.1%) is considered high.
Reducing Debt: MMY's debt to equity ratio has increased from 0.3% to 62.7% over the past 5 years.
Debt Coverage: MMY's debt is well covered by operating cash flow (43.5%).
Interest Coverage: MMY's interest payments on its debt are well covered by EBIT (5.7x coverage).