MidCap Financial Investment Balance Sheet Health
Financial Health criteria checks 1/6
MidCap Financial Investment has a total shareholder equity of $1.0B and total debt of $1.5B, which brings its debt-to-equity ratio to 145.5%. Its total assets and total liabilities are $2.5B and $1.5B respectively. MidCap Financial Investment's EBIT is $220.2M making its interest coverage ratio 2.1. It has cash and short-term investments of $122.1M.
Key information
145.5%
Debt to equity ratio
US$1.46b
Debt
Interest coverage ratio | 2.1x |
Cash | US$122.13m |
Equity | US$1.01b |
Total liabilities | US$1.50b |
Total assets | US$2.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 55O1's short term assets ($147.7M) exceed its short term liabilities ($26.9M).
Long Term Liabilities: 55O1's short term assets ($147.7M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: 55O1's net debt to equity ratio (133.3%) is considered high.
Reducing Debt: 55O1's debt to equity ratio has increased from 75.5% to 145.5% over the past 5 years.
Debt Coverage: 55O1's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: 55O1's interest payments on its debt are not well covered by EBIT (2.1x coverage).