Medallion Financial Balance Sheet Health
Financial Health criteria checks 2/6
Medallion Financial has a total shareholder equity of $411.8M and total debt of $2.1B, which brings its debt-to-equity ratio to 512.5%. Its total assets and total liabilities are $2.6B and $2.2B respectively. Medallion Financial's EBIT is $149.0M making its interest coverage ratio 2.4. It has cash and short-term investments of $149.8M.
Key information
512.5%
Debt to equity ratio
US$2.11b
Debt
Interest coverage ratio | 2.4x |
Cash | US$149.85m |
Equity | US$411.77m |
Total liabilities | US$2.18b |
Total assets | US$2.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MD5's short term assets ($2.3B) exceed its short term liabilities ($45.6M).
Long Term Liabilities: MD5's short term assets ($2.3B) exceed its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: MD5's net debt to equity ratio (476.1%) is considered high.
Reducing Debt: MD5's debt to equity ratio has increased from 366% to 512.5% over the past 5 years.
Debt Coverage: MD5's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: MD5's interest payments on its debt are not well covered by EBIT (2.4x coverage).