Medifast Balance Sheet Health
Financial Health criteria checks 6/6
Medifast has a total shareholder equity of $211.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $302.8M and $91.8M respectively. Medifast's EBIT is $82.1M making its interest coverage ratio -21.1. It has cash and short-term investments of $156.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -21.1x |
Cash | US$156.43m |
Equity | US$210.96m |
Total liabilities | US$91.80m |
Total assets | US$302.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K05's short term assets ($219.6M) exceed its short term liabilities ($77.2M).
Long Term Liabilities: 0K05's short term assets ($219.6M) exceed its long term liabilities ($14.6M).
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.