Medifast Balance Sheet Health
Financial Health criteria checks 6/6
Medifast has a total shareholder equity of $207.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $291.2M and $83.9M respectively. Medifast's EBIT is $23.3M making its interest coverage ratio -4.6. It has cash and short-term investments of $170.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -4.6x |
| Cash | US$169.96m |
| Equity | US$207.34m |
| Total liabilities | US$83.90m |
| Total assets | US$291.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K05's short term assets ($225.0M) exceed its short term liabilities ($72.4M).
Long Term Liabilities: 0K05's short term assets ($225.0M) exceed its long term liabilities ($11.5M).
Debt to Equity History and Analysis
Debt Level: 0K05 is debt free.
Reducing Debt: 0K05 had no debt 5 years ago.
Debt Coverage: 0K05 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0K05 has no debt, therefore coverage of interest payments is not a concern.