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Medica Group Balance Sheet Health
Financial Health criteria checks 6/6
Medica Group has a total shareholder equity of £61.1M and total debt of £10.2M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are £86.2M and £25.2M respectively. Medica Group's EBIT is £8.9M making its interest coverage ratio 14.2. It has cash and short-term investments of £11.0M.
Key information
16.7%
Debt to equity ratio
UK£10.22m
Debt
| Interest coverage ratio | 14.2x |
| Cash | UK£11.00m |
| Equity | UK£61.09m |
| Total liabilities | UK£25.16m |
| Total assets | UK£86.24m |
Recent financial health updates
Recent updates
Medica Group (LON:MGP) Will Pay A Larger Dividend Than Last Year At £0.0188
Jun 04
Is Medica Group Plc (LON:MGP) Potentially Undervalued?
Apr 25Medica Group's (LON:MGP) Upcoming Dividend Will Be Larger Than Last Year's
Apr 06Investors Could Be Concerned With Medica Group's (LON:MGP) Returns On Capital
Jan 18Medica Group (LON:MGP) Is Increasing Its Dividend To £0.0093
Sep 30Medica Group's (LON:MGP) Shareholders Will Receive A Bigger Dividend Than Last Year
May 29Medica Group's (LON:MGP) Upcoming Dividend Will Be Larger Than Last Year's
Apr 07Medica Group's (LON:MGP) Upcoming Dividend Will Be Larger Than Last Year's
Oct 06Is It Too Late To Consider Buying Medica Group Plc (LON:MGP)?
Jul 27Medica Group Plc Just Missed Earnings - But Analysts Have Updated Their Models
May 13Why Medica Group Plc (LON:MGP) Could Be Worth Watching
Mar 09Has Medica Group (LON:MGP) Got What It Takes To Become A Multi-Bagger?
Feb 22How Much Did Medica Group's(LON:MGP) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 08Does Medica Group's (LON:MGP) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 12
Medica Group Plc's (LON:MGP) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Dec 30An Intrinsic Calculation For Medica Group Plc (LON:MGP) Suggests It's 38% Undervalued
Dec 17Trade Alert: The Medical Director Of Medica Group Plc (LON:MGP), Stephen Davies, Has Sold Some Shares Recently
Dec 05Should You Think About Buying Medica Group Plc (LON:MGP) Now?
Dec 03We're Watching These Trends At Medica Group (LON:MGP)
Nov 21Financial Position Analysis
Short Term Liabilities: MGP's short term assets (£28.8M) exceed its short term liabilities (£17.2M).
Long Term Liabilities: MGP's short term assets (£28.8M) exceed its long term liabilities (£7.9M).
Debt to Equity History and Analysis
Debt Level: MGP has more cash than its total debt.
Reducing Debt: MGP's debt to equity ratio has reduced from 47.8% to 16.7% over the past 5 years.
Debt Coverage: MGP's debt is well covered by operating cash flow (85.6%).
Interest Coverage: MGP's interest payments on its debt are well covered by EBIT (14.2x coverage).