Maximus Balance Sheet Health
Financial Health criteria checks 3/6
Maximus has a total shareholder equity of $1.8B and total debt of $1.2B, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are $4.0B and $2.3B respectively. Maximus's EBIT is $393.1M making its interest coverage ratio 4.7. It has cash and short-term investments of $77.4M.
Key information
67.6%
Debt to equity ratio
US$1.21b
Debt
Interest coverage ratio | 4.7x |
Cash | US$77.37m |
Equity | US$1.79b |
Total liabilities | US$2.25b |
Total assets | US$4.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMS *'s short term assets ($1.1B) exceed its short term liabilities ($728.7M).
Long Term Liabilities: MMS *'s short term assets ($1.1B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: MMS *'s net debt to equity ratio (63.3%) is considered high.
Reducing Debt: MMS *'s debt to equity ratio has increased from 6.8% to 67.6% over the past 5 years.
Debt Coverage: MMS *'s debt is well covered by operating cash flow (24.1%).
Interest Coverage: MMS *'s interest payments on its debt are well covered by EBIT (4.7x coverage).