Pediatrix Medical Group Balance Sheet Health
Financial Health criteria checks 3/6
Pediatrix Medical Group has a total shareholder equity of $849.1M and total debt of $624.1M, which brings its debt-to-equity ratio to 73.5%. Its total assets and total liabilities are $2.2B and $1.4B respectively. Pediatrix Medical Group's EBIT is $157.9M making its interest coverage ratio 4.2. It has cash and short-term investments of $177.7M.
Key information
73.5%
Debt to equity ratio
US$624.09m
Debt
Interest coverage ratio | 4.2x |
Cash | US$177.74m |
Equity | US$849.06m |
Total liabilities | US$1.37b |
Total assets | US$2.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PDC's short term assets ($483.5M) exceed its short term liabilities ($388.9M).
Long Term Liabilities: PDC's short term assets ($483.5M) do not cover its long term liabilities ($981.8M).
Debt to Equity History and Analysis
Debt Level: PDC's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: PDC's debt to equity ratio has increased from 63.9% to 73.5% over the past 5 years.
Debt Coverage: PDC's debt is well covered by operating cash flow (22%).
Interest Coverage: PDC's interest payments on its debt are well covered by EBIT (4.2x coverage).