Molina Healthcare Balance Sheet Health
Financial Health criteria checks 6/6
Molina Healthcare has a total shareholder equity of $4.5B and total debt of $2.2B, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are $15.5B and $11.0B respectively. Molina Healthcare's EBIT is $1.6B making its interest coverage ratio 14.7. It has cash and short-term investments of $8.9B.
Key information
48.5%
Debt to equity ratio
US$2.18b
Debt
Interest coverage ratio | 14.7x |
Cash | US$8.94b |
Equity | US$4.49b |
Total liabilities | US$11.02b |
Total assets | US$15.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHG's short term assets ($12.7B) exceed its short term liabilities ($8.5B).
Long Term Liabilities: MHG's short term assets ($12.7B) exceed its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: MHG has more cash than its total debt.
Reducing Debt: MHG's debt to equity ratio has reduced from 71.9% to 48.5% over the past 5 years.
Debt Coverage: MHG's debt is well covered by operating cash flow (44%).
Interest Coverage: MHG's interest payments on its debt are well covered by EBIT (14.7x coverage).